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Tip of the Day Be Wary of Mutual Funds

Be Wary of Mutual Funds - Mutual funds for years have been a safe investment option if you are going to invest your money, but lately these investments are not...

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Preferred Equity

Preferred Equity - Preferred equity is a measure of ownership interest in a corporation which only counts the preferred stock. Preferred Equity is equal to shareholder's equity (in total) minus common equity. Preferred equity shareholders usually receive their dividend before common equity holders. When a company is going bankrupt, preferred equity holders will be paid before common equity holders, but after the debt holders. Companies usually try to pay out par value of each equity. Preferred equity owners usually carry no voting rights. Other special rights to preferred equity may be issued by the board of directors of a company.

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Definition of the Day Non-Profit Organization

Non-Profit Organization - A non-profit (not-for-profit), is an organization typically having a lofty ideology, goals and direction/purpose or cause. Profit is not the main, key or motivator at all. Serving public interest or private sector activities, think-tanks, eco-advocating bodies, often with tax-exempt status, for benefiting and improving society, more effectively...

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