Examlex
On the year-end fund financial statement, the endowment fund would report revenues of:
Intangible Asset
An asset that lacks physical substance, such as intellectual property, brand recognition, or goodwill.
Dividends
Payments made by a corporation to its shareholder members, usually derived from the company's profits.
Common Stock
A type of security that represents ownership in a corporation and entails voting rights and a share in profits through dividends.
Cumulative
Describing something that increases or accumulates over time, often used in the context of dividends, voting rights, or data accumulation.
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