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Tip of the Day

Tip of the Day Plan

Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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Nonstock Corporation


Nonstock Corporation - Nonstock Corporation is a company created to behave, as nominal owner of some property might not need to have stock shares, because the directors or members would have been co-owners. For example, owning a safe deposit box in a corporate name, if the corporation is non-stock, the directors of the company are not in ownership. Thus they have no personal ownership of the shares of stock of the company, and as the safe deposit is in a corporate name, not listed as belonging to the corporate leadership. The members of a no -stock company are not entitled to monetary dividends.

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Definition of the Day Price Leadership

Price Leadership – Whenever a key market leader takes and set the tone, pace and price, markets are left to catch up, competitors having to lower, adjust, raise their prices accordingly in the name of competition. Then markets (and pricing), will shift, move and respond. Such management, control, direction and...

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