A small company’s stock that trades for less than $5 per share and trades via OTC transactions.
Penny Stocks
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		Par ValueThe face value of a bond or the stock value stated in the corporate charter. Full definition 🠆
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		Participating PreferredA type of stock that gives the holder the right to earn dividends at a higher rate. Full definition 🠆
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		Pass-Through SecurityA pool of fixed-income securities backed by a package of assets. Full definition 🠆
