A credit union is a type of financial organization that is owned and governed by its members.| Corporate Finance Institute
Affiliated companies are companies that are related through ownership, either with one owning the other as a minority shareholder or multiple companies| Corporate Finance Institute
Arrears refers to payments that are overdue and that are supposed to be made at the end of a given period after missing out on the required payments.| Corporate Finance Institute
Common stock is a type of security that represents ownership of equity in a company. There are other terms – such as common share, ordinary share, or voting share| Corporate Finance Institute
Preferred shares (preferred stock, preference shares) are the class of stock ownership in a corporation that has a priority claim on the company’s assets over common| Corporate Finance Institute
The Chief Executive Officer (CEO) and the Chief Financial Officer (CFO) take on different but equally important responsibilities in an organization.| Corporate Finance Institute
A corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations are allowed to enter| Corporate Finance Institute