AJAX progress indicator
  • callable preferredPreferred stock that can be repurchased by issuer for a preset price
  • common stockThe residual equity interest in a corporation; last in liquidation but usually receiving the full benefits of any corporate growth
  • convertible preferredPreferred stock that can be exchanged for common stock at some preagreed ratio
  • cumulative preferredPreferred stock that is entitled to a periodic dividend, and those dividends must be paid (eventually) before any monies can be distributed to common stockholders
  • dividends in arrearsAn omitted dividend on cumulative preferred stock that must eventually be paid before any monies can be distributed to common stockholders
  • ex-dividendThe event (date) when a transfer of stock ownership between shareholders will occur without the right for the purchaser to receive any previously declared dividends
  • initial public offeringThe first time stock in a corporation is offered to the investing public; registration and other requirements must be met; proceeds may flow to the corporation or private shareholders
  • legal capitalUsually the par value of the stock of a corporation
  • paid-in capital in excess of parThe amount by which a stock's issue price exceeds its par value; also referred to as "additional paid-in capital"
  • par valuePar value is a technical provision establishing the “legal capital” of the firm and is frequently associated with common and preferred stock to satisfy statutory requirements
  • preemptive rightA right that may or may not be provided to shareholders enabling them with a first right of refusal to buy any additional shares offered by a corporation
  • preferred stockA class of stock that generally benefits from a stipulated periodic dividend and priority in liquidation; but, usually lacking in upside participation in corporate growth
  • prospectusThe documentation describing financial and business aspects of an initial public offering
  • statement of stockholders' equityA financial statement that is often presented in lieu of a statement of retained earnings and other disclosures about equity accounts
  • stockTransferable units of ownership in a corporation
  • stock dividendA noncash corporate activity to provide shareholders with additional shares in proportion to existing ownership; makes for more shares outstanding, but does not change total equity
  • stock splitA corporate action to increase the number of shares and reduce the par per share by a stipulated ratio (e.g., 2 for 1)
  • total paid-in capitalThe sum of legal capital plus paid-in capital in excess of par
  • treasury stockShares of a company's own stock that it has reacquired