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| the amount of stock that a corporation is authorized to sell as indicated in its charter |
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| The internal rules and procedures for conducting the affairs of a corporation |
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| A document that creates a corporation |
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| A business organized as a legal entity separate and distinct from its owners under state corporation law |
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| A feature of preferred stock entitling the stockholder to receive current and unpaid prior-year dividends before common stockholders receive dividends |
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| Capital stock that has not been assigned a value in the corporate charter |
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| Costs incurred in the formation of a corporation |
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| Capital stock that has been issued and is being held by stockholders |
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| Total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock |
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| Capital stock that has been assigned a value per share in the corporate charter |
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| Capital stock that has some preferences over common stock |
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| Privately held corporation |
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Definition
| A corporation that has only a few stockholders and whose stock is not available for sale to the general public |
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| Publicly held corporation |
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| A corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange |
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| Net income that is retained in the corporation for future use |
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| The amount per share assigned by the board of directors to no-par stock |
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| A corporation's own stock that has been issued and subsequently reacquired from shareholders by the corporation but not retired |
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