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Refer to Table 12.3.How does lobbying the executive branch differ from lobbying Congress?
Financial Asset
An intangible asset representing a legal claim to future payment, such as stocks, bonds, or bank deposits.
Security
A financial asset. Commonly a stock or a bond. An asset pledged to guarantee the repayment of a loan.
Stock
Equity securities representing ownership interest in a company; holders may enjoy dividends and voting rights.
Partial Ownership
Holding a fraction of the equity shares or interest in an entity, providing the holder with a proportionate share of the profits and losses.
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