RESIDUAL CLAIM is a claim to a share of earnings after debt obligations have been satisfied.
STATED VALUE is the per share value sometimes assigned to no-par stock by the corporation.
CONSOLIDATION is similar to refinancing, but there is no loan fee. It simplifies loan repayment by combining several types of federal education loans into one new loan. (In the case of Direct Loan consolidation, the interest rate may be lower than one or more of the underlying loans.).
Enter a term, then click the entry you would like to view.