preferred stock
Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Like common stock, preferred stocks represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, a preferred stock pays a fixed dividend that does not fluctuate, although the company does not have to ... More

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corporate bond,  investment,  variable cost,  capital,  asset/equity ratio,  asset,  additional paid-in capital,  current ratio,  profit and loss statement,  structured note,  debt service coverage,  multiplier,  book value

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