Examlex
The two types of illustrative material used by a systems company to help a customer visualize the overall system are:
Cash
Liquid assets held by an entity that can be immediately used for transactions.
Ex-dividend Date
The specific date on which shares of a company stop coming with the right to receive the most recently declared dividend, usually set two trading days before the record date.
Record Date
The specified date on which a company determines its shareholders' eligibility to receive dividends or the right to participate in corporate actions.
First-quarter Dividend
This is a dividend payment made by a corporation to its shareholders, typically after the first quarter's earnings are calculated.
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