Examlex
These can be produced for pennies in quantity.
Cumulative
A term referring to an attribute of financial items (like dividends) that accumulate over time until they are paid or settled.
Preferred Stock
A class of stock with preferential rights over common stock, often including fixed dividends and priority in assets upon liquidation.
Noncash Assets
Assets that are not in the form of cash or cannot be easily converted to cash, such as property, plant, and equipment.
Par Value
This term describes the nominal or face value of a bond, stock, or coupon as stated by the issuer, often used in the context of bonds and shares.
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