Common & Preferred Stock flashcards

28 cards on common & preferred stock for the SIE exam. Short answers, one fact per card, and a line under each explaining why. Here is what the prompts look like:

• A tradable instrument representing ownership in a company or a debt owed by one is a ＿＿＿Answer inside
• The company that creates and sells new shares to raise capital is the ＿＿＿Answer inside
• A share of company profits paid out to stockholders is a ＿＿＿Answer inside
• The maximum number of shares a corporation may sell under its charter is called ＿＿＿Answer inside
• Issued shares minus treasury stock equals the shares ＿＿＿Answer inside