PAID-UP CAPITAL Definition

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PAID-UP CAPITAL is the total amount paid by shareholders for their shares of capital stock.

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EXTENSION SWAP is selling one security and purchas­ing another security with a longer maturity date to improve yield.

COMMODITY is an article of commerce or product that can be used for commerce. In a narrower sense, commodity is product traded on an authorized commodity exchange. Some types of commodities: agricultural products, metals, petroleum, foreign currencies, financial instruments and indices, etc.

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