COMMON STOCK Definition

COMMON STOCK is the most frequently issued class of stock; usually it provides a voting right but is secondary to preferred stock in dividend and liquidation rights.

Learn new Accounting Terms

YANKEE BOND is a dollar bond issued by a non-U.S. borrower in the United States.

GENERAL ACCOUNTING involves the basic principles, concepts and accounting practice, recording, financial statement preparation, and the use of accounting information in management.

Suggest a Term