Examlex
In order to make adequate disclosure of related party transactions, companies should report the legal form, rather than the economic substance, of these transactions.
Ex-Dividend Date
The date on which a stock trades without a declared dividend that has yet to be paid. Four days prior to the date of record.
Business Days
Workdays typically from Monday to Friday, excluding public holidays and weekends, used in the context of official and financial transactions.
Record Date
The specific date set by a company on which the shareholders must be on the company's books to be eligible to receive a dividend or vote.
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly, leading to a loss of confidence among investors, depositors, and consumers.
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