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Tip of the Day Never Spend More Than 2 Times Your Income On A Home

Never Spend More Than 2 ? Times Your Income On A Home - Half the trick to buying a home is knowing what you can afford to spend...

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Pre-Sold Issue

Pre-sold issue - An issue of securities that is sold, before the details of the new issue are released to the market. The issue can be offered for sale by a company or by the government. In the case of a company for instance, preferred stock owners can be invited to buy more stock, before others have the opportunity to buy stock. In that case a company is able to get the funds they need in a quicker way. The stock market is not involved in a pre-sold issue; as the issue already has been sold. It might even save costs for the company to pre-sell stock issues.

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Definition of the Day Voting Stock

Voting Stock - A Voting Stock is a stock that comes with voting rights to the holder of this stock. With this voting right, a shareholder can have influence on important matters that involves the company. He or she can also vote for members of the...

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