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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Private Company

Private Company - A company that does not sell shares on the open market. It is the opposite of public company - a public company does sell their shares on the open market. Usually private companies divide their shares among family members or workers who have earned their merits in the company. This kind of ownership is called private. Still private companies are important to the economy of a country. Private companies are usually called corporations or limited corporations. In the US, private companies are not required to publish their financial statements, opposed to public companies. There is a limit on the number of shareholders that private companies might have.

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There is a limit on the number of shareholders that private companies might have.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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