where is the wealth of nations

[luciene]

Dear friends.

What on earth is Series A preferred stock? I am having to look at a term sheet and discuss its legal implications. WTF? I feel like I have been on vacation for too long.

Comments

[razberrycreme]

GEE, THIS MAKES ME WANT TO BE A LEGAL NERD AGAIN...er, except that I've never been one. :\

good luck~ this is a late comment so I'm SURE you've already finished this but. extra...belated...support XD

[luciene]

... I'm still writing it as we speak :(

[analyse]

a type of stock that pays a fixed dividend (usually set at percentage yield over offer price) at certain specified periods of time and usually has no voting rights, as opposed to common stock which is a 'true' ownership stake in the company (no fixed dividend, but with voting rights).

[luciene]

oh God. Thank you, but I finished writing the paper already.... :(

[analyse]

no problem. if you ever encounter such animals again, investopedia is always a good bet for finance related stuff.