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KB Term:
Sigma KEE - PreferredStock
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PreferredStock
CapitalStock which provides a specific
Dividend
that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Usually does not carry voting rights.
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Parents
Stock
An instrument that signifies an ownership position, or equity, in a
Corporation
, and represents a claim on its proportionate share in the corporation's assets and profits.
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Sigma version 3.0 is
open source software
produced by
Articulate Software
and its partners