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Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z




Certificate Of Incorporation
   A certificate of incorporation is evidence of the acceptance of the corporate articles of incorporation and inauguration of the corporation existence, which is usually issued by the state corporation authority

Civil Litigation
   A civil litigation is a court process where a certain dispute is filed in the court that do not implicate a criminal prosecution

Close Corporation
   A small number of individuals owning a corporation. By inserting a statement in the articles of incorporations, a corporation can elect to be close corporation.

Commercial Lending
   This term refers to a bank loan to a certain company

Common Stock
   Primary class of stock of a corporation.

Contract
   A contract is an agreement between two or more parties in which an offer is made and accepted

Conversion Rights
   Rights of Shareholders of stocks or other financial instruments to convert to other shares of stock.

Convertible Instrument
   Monetary instruments that is convertible into shares of stock.

Copyright
   Copyright is an exclusive right to reproduce or publish a certain thing and thus entitle others from any unauthorized use of such matter

Corporate Secretary
   A corporate officer usually responsible in keeping the corporation's records.This position is elected by the directors.

Corporation
   A corporation is a legal entity that can exist separately from its owners; it is created from the moment the articles of incorporated are made and filed with the proper concerned government agency

Cumulative Voting
   A voting system used in some states to vote shares of stock.

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