Examlex
For each bit that the sequencer shown is to control, the corresponding bit of mask must be set to:
Share Capital
The funds raised by a company through the issuance of shares, representing the ownership of the company.
Cumulative Preferred Shares
Preferred stock where dividends accumulate if not paid in a given period and must be paid out before any dividends can be paid to common stockholders.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock that must be paid before any dividends can be paid to common shareholders.
Dividend Payable
A liability recorded on the balance sheet for dividends declared by the company but not yet paid to shareholders.
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