Because of her children's immediate financial needs, your aunt Marsha has decided to switch some of her money to high-grade utility company stocks- Her reasoning is that these ________ stocks generally pay relatively high dividends that she will be able to give to her children as they need assistance.

What is a a stock?

A stock represents an ownership stake in a company as a common shareholder.

Common stocks allow shareholders to vote on company issues, with most companies granting one vote per share.

Some companies also offer stockholders dividend payouts, giving investors a stream of income on top of the market value of the stock.