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Tip of the Day Never Buy The Extended Warranty

Never Buy The Extended Warranty - Most of the time new products automatically come with a ninety-day or one-year warranty, which is during the period most products that are defective,...

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Pay to Play


Pay to Play - Pay to Play is a provision in a company or the corporation's charter documents, inserted as part of a preferred stock financing ability that requires shareholders to actively participate in the stock certificate offerings in order to benefit from certain protections. If the shareholder does not purchase a pro rata share in any offering, the said stockholder loses the benefits of anti-dilution requirements. In a few accounts, the shareholder who did not participate actively has the stocks converted to common share stocks, losing all rights and provisions. The fears of shareholders will benefit by having other shareholders provide equity needed.

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Definition of the Day National Best Bid and Offer

National Best Bid and Offer - National Best Bid and Offer is the Security and Exchange Commission rule that requires the brokers to guarantee that the customers receive the best prevailing ask price when they purchase the securities and the best prevailing bid price when they sell securities. This incorporates...

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