Examlex
A ________ forms when stagnant, glacial ice melts after being buried by till or outwash.
Noncumulative
A term often related to preferred stock, describing dividends that, if not declared by the board of directors, are not owed to shareholders and do not accumulate.
Preferred Stock
Preferred stock is a type of stock that gives holders preferential treatment over common stock, such as fixed dividends and priority in asset liquidation.
Par Value
The face value of a bond or stock as specified by the issuing corporation.
Treasury Stock
Shares of a company's own stock that it has reacquired from shareholders and holds, reducing the amount of outstanding stock on the market.
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