Examlex
A useful statement of income
Profit Distributions
The allocation of a portion of a company's earnings to its shareholders, typically in the form of dividends or share buybacks.
De Facto Corporation
A business operating as if it were a legally incorporated company, despite not having completed the formal incorporation process, and is often treated as such by the law under certain conditions.
Creditor
An entity to which a debtor owes money.
Incorporator
A person or entity that signs the articles of incorporation, thereby initiating the creation of a corporation.
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