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Tip of the Day

Tip of the Day Use a Mortgage Broker

Use a Mortgage Broker - When purchasing a home, why not use a mortgage broker as he can shop around all the financial institutions and generally find you a much...

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Authorized Stock

Authorized Stock - Authorized stock is the total number of stocks or shares a company can issue, or sell. This number is specified in the company's charter, although the shareholders of the company can authorize that number to be changed by voting on the constitutional charter changes at an annual or general meeting. These stocks are also known as authorized shares. Once the shareholders approve the change in the company's charter, the company can sell more shares.

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Daily Definition

Definition of the Day Face Value

Face Value - The face value is a securities nominal dollar value assigned by the issuer. If it is a equity security, face value is generally a tiny amount that bears no relationship of any kind to its market price, except when they are preferred stock, which in this case,...

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