Open contracts: Open contracts are ones that are bought or sold without the subsequent sale or purchase being completed, or without taking actual delivery of the physical commodity or security. Preferred shares: Preferred shares refers to certain preferential shares issued by a company which get lending to small businesses a priority to the profits ahead of common or other equity shareholders. It is backed by the U.S government's faith and credit and sold at a discounted rate than its par value. Business hierarchy: Business or Organizational hierarchy refers to the importance of roles, resp

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