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Special Purpose Equipment
Equipment that is designed and built for a specific task or function, which is not easily adaptable for other uses.
Common Stock
An equity security that denotes ownership within a corporation and grants the owner voting rights on company issues as well as eligibility to receive dividends.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily match the market value.
Treasury Stock
Shares of a company's own stock that it has reacquired but has not retired, which can be resold or used for other corporate purposes.
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