The capital of a corporation as shown by its shares. COMMON STOCK. That stock which entitles the owner to an equal proportionate dividend of the corporate profits and assets, with one shareholder or class of shareholders having no advantage or preference over another. PREFERRED STOCK. That stock which entitles the owner to dividends out of the net profits before or in preference to the holder of common stock. WATERED STOCK. Stock which purports to represent, but does not honestly represent, money paid into the treasury of a corporation. STOCK EXCHANGE. A place where brokers and others meet to buy and sell stocks and bonds. STOCKHOLDER. One who owns shares in a joint stock company or corporation. STOPPAGE IN TRANSIT. The right which the seller has to stop the goods he has shipped any time before they reach the buyer. SYNDICATE. A number of men who unite to conduct some commercial enterprise. TARE. An allowance made for the weight of boxes, barrels, etc., in which goods are shipped. TENANT. One who holds real estate under lease. TENDER. An offer; a proposal for acceptance. TICKLER. A book containing a memorandum of notes and other obligations in the order of their maturity. TIME DRAFT. A draft maturing at a fixed future date. TRADE DISCOUNT. A discount or series of discounts from the prices made to dealers, or because of a change in prices. TRUSTEE. One who holds any business or property in trust. UNDERWRITER. One who insures. USURY. The taking of more than the legal interest. VOUCHER. Papers and documents that prove the truth of accounts. WAYBILL. A paper containing a list of goods shipped. WHARFAGE. Money paid for use of a wharf. WHARFINGER. One in charge of a wharf; the owner. WHOLESALE. To sell goods in large quantities, in whole or unbroken packages. WRIT. An order issued from a Court to one of its officers; or to one or more litigants where an injunction is issued. THE END