Usually used when the corporation does not have preferred stock. Dividends paid in cash to stockholders of record. An instrument that evidences ownership in a corporation or debt of the issuer. Represents the principal ownership of the corporation, the first class to be issued and the last to be retired. A cross between a common stock and a bond.
Holders receive dividends before profits are distributed to holders of common stock.
He or she may also be entitled to additional earnings generally available to common stockholders. This distinction usually relates to different dividend rates or voting privileges. Properties acquired after marriage are divisible by two between two spouses. A statement confirming the transaction between a brokerage firm and its clients for the purchase or sale of securities. The date when the certificate is endorsed.