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What Is a Test Plan

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What is a test plan?


Definitions:

Stock Split

A stock split is a corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.

Retained Earnings

Profits that a company retains for reinvestment rather than distributing to shareholders as dividends.

Dividends Payable

A liability account on a company’s balance sheet indicating the amount owed to shareholders in the form of dividends to be paid out.

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