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Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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Half Stock


Half Stock - Half-Stock is a stock certificate. A half-stock can be a common stock certificate and it can be a preferred stock certificate. A half-stock certificate has a par value of fifty dollars. The term comes from the value determined on the stock certificate. The common stock certificate and the preferred stock certificate on consider a par value. The value of the bond is the par value. A dollar amount assigned to the stock certificate when representing the value. It is a contribution for each share of stock certificate in cash or durable goods. Par values vary for all fixed income products.

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Definition of the Day Mutilated Security

Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to...

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