GUARANTEED STOCK
Infrequently used common or preferred stock guaranteed by a third party. Since these are guaranteed, investors in general are willing to pay a higher amount for the stock than the ones not backed up by a guarantee. The guaranteed dividend can raise the stock’s price. Sometimes, railroads and public utilities issue this stock. It can also pertain to commonly purchased items a firm keeps a supply of for customers to acquire.
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SEC Form 10-KT
SEC Form 10-KT is a filing which is submitted in lieu of or in addition to a standard 10-K annual report under the Securities and Exchange Commissi ...
Actuarial Life Table
A spreadsheet or table that displays the probability of a person to die at a certain age before his/her next birthday. The remaining life expectanc ...
UCC-1 Statement
UCC-1 Statement is a document listing and describing any personal property that a borrower is using as collateral for a loan.
Leo F. Mullin
A former Chairman and Chief Executive Officer of Delta Air Lines, Inc. His career started with consulting firm McKinsey and became the first CEO ou ...
Pundit
An individual who expresses their opinions publicly on a topic on which they consider themselves an expert.
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