COMMON EQUITY Definition

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COMMON EQUITY is the result of subtracting redeemable and non-redeemable preferred stock from total equity.

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AT THE MONEY is an option where the strike price is approximately equal to the underlying price.

CONTINGENCY BUDGET is the amount of money required to implement a contingency plan. If an authorized entity approves a contingency plan, it would normally set aside a contingency budget, which would only be called upon if the contingency plan had to be implemented.

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