CAPITAL STOCK Definition

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CAPITAL STOCK is the ownership shares of a corporation authorized by its articles of incorporation, including preferred and common stock.

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TRADE DISCOUNT is a producer discount given to retail trade members to assist them in increasing sales of the producers product.

ASEAN (Association of Southeast Asian Nations) is a trading block of countries in SE Asia. Originally formed as an anti-communist military alliance, it is now focused on developing a free trade agreement among member nations.

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