The first plan of life insurance was that each member paid a fixed annual payment per share on from one to three shares with consideration to age of the members being twelve to fifty-five. At the end of the year a portion of the "amicable contribution" was divided among the wives and children of deceased members and it was in proportion to the amount of shares the heirs owned. Amicable Society started with 2000 members.
NASDAQ originally stood for the National Association of Securities Dealer Automated Quotation system. NASDAQ is the largest electronic equities exchange in the U.S.
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