STRIPPED PRICE Definition

STRIPPED PRICE, for a preferred stock, is the market price minus the theoretical dividend.

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SUNK COST is the cost expended that cannot be retrieved on a product or service.

OUTSOURCE is to obtain goods or services from an outside supplier; i.e., to contract work outside of your budget and control. (An example would be companies outsourcing a percentage of their direct labor in order to maintain a flexible workforce.).

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