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Ordinary interest |
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Ordinary interestInterest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference.Ordinary interest Similar MatchesExtraordinary itemsExtraordinary itemsCosts which affect a company's profit (or loss) which are not associated with normal activities and which are not expected to recur. Extraordinary callExtraordinary callEarly redemption of a revenue bond because the revenue source paying the interest on the bond has been eliminated or has disappeared. Ordinary sharesOrdinary sharesApples mainly to international equities. Shares of non-U.S. companies traded in their individual home markets. Usually cannot be delivered in the US See: ADR. Ordinary tradeOrdinary tradeA term used by the London Stock Exchange to denote that a transaction does not have any other special trade designation. Extraordinary general meetingExtraordinary general meetingAn EGM is a special meeting of a company and its shareholders which can be called by company directors or anyone with at least 10% of the voting rights on the company's shares.EGMs have to be called in order for certain special resolutions to be passed (e.g. to approve a takeover or merger or break-up of the company) and for the resolution to be passed, 75% of more of the shareholders have to vote for it. Further SuggestionsExtraordinary positive valueFT Ordinary Share Index (FT 30 Index) Ordinary income ordinary shares Extraordinary item |
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