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Tip of the Day Bunch your Deductions into One Year

Bunch your Deductions into One Year - Every year it gets harder to do your taxes and receive a return, but part of good planning is to make sure that...

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Subscription Privilege

Subscription Privilege - A subscription privilege is the privilege or right of a company's existing shareholders or their transferees to keep their level of investment in the company by being given the opportunity to buy any future shares of common stock issued by the company. This is done privately before the shares become public so that they can retain their interest. They can buy these new shares on a pro rata basis. The existing shareholders will receive a subscription warrant which will indicate how many shares are available and the existing shareholders can purchase them at a lower cost than the public would be able to. Also there are no brokerage fees involved. The procedure is known also as a preemptive right, or subscription right and is only allowed by certain State laws if these preemptive rights were detailed in the company's charter.

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Definition of the Day Export Management Company

Export Management Company – This a firm that functions handling exports for several different businesses. There is a great deal of variety in this type of company. It can be owned either locally on anywhere in the world. As part of their function they can handle orders for buyers in...

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