Authorized Shares

Business / Finance / Authorized Shares: Number of shares authorized for issuance by a firm's corporate charter.

Preauthorized Electronic Debits (PAD)

Business / Finance / Preauthorized Electronic Debits (PAD): Debits to a bank account in advance by the payer. The payer's bank sends payment to the payee's bank through the Automated Clearing House (ACH) system. MORE

Preauthorized Checks (PAC)

Business / Finance / Preauthorized Checks (PAC): Checks that are authorized by a payer in advance, and written either by the payee or by the payee's bank and then deposited in the payee's bank account. MORE

Performance Shares

Business / Finance / Performance Shares: Shares of stock given to managers on the basis of performance as measured by earnings per share and similar criteria. A control device shareholders sometimes use to tie management to the self-interest MORE

Paired Shares

Business / Finance / Paired Shares: Stock of two companies under the same management that are sold as one unit with one certificate. MORE

Preference Shares

Business / Accounting / Preference Shares: This is a type of share issued by a limited company. It carries a medium risk but has the advantage over ordinary shares in that preference shareholders get the first slice of the dividend 'pie' (but MORE

Preferred Shares

Business / Finance / Preferred Shares: Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. MORE

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