Examlex
Causal ambiguity is a condition where a resource is considered valuable and rare because it is difficult to identify and understand.
Charter
A formal document issued by a sovereign or state outlining the rights, privileges, or authority granted to an individual, corporation, or city.
Authorized
Authorized refers to having official permission or approval for actions, operations, or status within legal or organizational frameworks.
Liquidation Preference
A term in a contract that stipulates the order in which shareholders are paid out in the event of a liquidation or exit.
Preferred Stock
A class of shares that offer their holders preferential rights to dividends and asset distribution over common stockholders, often without voting rights.
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