AEM2210 Chapter 11&12 Vocab

AEM2210 Chapter 11&12 Vocab - C hapter 11 Vocabula ry...

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Authorized Number of Shares: the maximum number of shares of a corporation’s capital stock that can be issued as specified in the charter . Issued Shares : represent the total number of shares of stock that have been sold Outstanding Shares: is the total number of shares of stock that are owned by stockholders on any particular date. Common Stock: held by the individuals who are often thought of as the “owners” of the corporation because they have the right to vote and share in the profitability of the business through dividends Par Value: the nominal value per share of capital stock specified in the charter; serves as the basis for legal capital. Legal capital: the permanent amount of capital defined by state law that must remain invested in the business/ serves as a cushion for creditors No-par Value Stock: is capital stock that has no par value specified in the corporate charter. Initial Public Offering(IPO): involves the very first sale of a company’s stock to the public (when the company first “goes public”). Seasoned new issues: Once a company’s stock has been traded on established markets, additional sales of new stock to the public. Treasury Stock: a corporation’s own stock that had been issued but was subsequently reacquired and is still being held by that corporation. Declaration Date:
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AEM2210 Chapter 11&12 Vocab - C hapter 11 Vocabula ry...

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