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Glossary_Finance

Glossary_Finance

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Published by: api-19986449 on Dec 03, 2009
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03/18/2014

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Owners of this kind of stock are entitled to a fixed dividend to be paid regularly before dividend can

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be paid on common stock .They also exercise claims to assets, in the event of liquidation, senior to

holders of common stock but junior to bondholders. Holders of preferred stock normally do not have a

voice management.

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