Stock Certificate In corporate law, a stock certificate is a legal document that certifies ownership of a specific number of shares of stock in a corporation. It…
Bearer Bond A bearer bond is a bond or debt security issued by a business entity such as a corporation, or a government. It is a type…
Preferred Dividend Preferred Dividends could be a fixed dividend received from Preferred stocks. If a company or an organization is unable to pay all dividends, claims to…
Bearer Instrument A bearer instrument refers to an instrument that is payable to anyone possessing the instrument and is negotiable by transfer alone. It is a document…
Disadvantages of Pay Back Period (PBP) Pay back method helps in revealing the payback period of an investment. Payback period (PBP) is the time (number of years) it takes for the…
Monopoly Monopoly A monopoly means the sole power of dealing with any commodity. It refers to when a company and its product offerings dominate a sector…
Complementary Currency A complementary currency is any currency that is not a national currency but has acceptance for use in specific conditions in a nation. It is…
Preference Shares Preferred shares (also known as ‘preferred stock’ or ‘preference shares’) are shares of a company’s stock with dividends that are paid out to shareholders before…
Cumulative Dividend Cumulative dividends are required dividend payments made by a firm to its preferred shareholders. It’s a dividend, usually on preferred stock, that has got to…
Accumulated Dividends Accumulated Dividends means, with relation to any share of stock, as of any date, the combination accumulated and unpaid dividends on such share from and…
Barter Barter is to exchange goods for other things rather than for money. In trade, barter is a system of exchange where participants in a transaction…
Minute Book Minute Book is a book in which written minutes or other records are entered. A book in which the resolutions of different meetings of the company…