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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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Principal Shareholder

Principal Shareholder - A principal shareholder is someone ( an organization or a group is also possible) who owns 10 percent or more of the outstanding stock of a company. Outstanding stock is mostly common stock that has been sold to the shareholders. Shareholders can be individuals, organizations or groups who own one or more shares of a company. Usually a company has a group of shareholders, but it is also legal to have just one shareholder. If a company has one shareholder, technically this shareholder is a principal shareholder. (as he owns more than 10 percent of the shares.)

Discuss It!

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Principle shareholder only having rights to take decisions.

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Telesteps Telescoping Ladder said:

So this is what it means, I seriously had misunderstood the whole thing. Phew I would have messed things up with wrong information in my head to even others too. It is good I clarified by doubt at least now.

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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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