TERM

Treasury stock

Restriction of retained earnings

Return on shareholders' equity

Earnings$-$price ratio

Limited liability company

PHRASE

Preferred practice is to disclose

in the notes to the financial statements.

Paid$-$in capital and$/$or retained earnings

affected when sold.

Similar to an S corporation, but no limit

on number of owners.

Net income as a percentage of average

book value.

Used in evaluating stock performance.