Examlex
The number of traffic accidents that occur on a particular stretch of road during a month follows a Poissondistribution with a mean of 7.5. Find the probability of observing exactly five accidents on this stretch of roadnext month.
Liquidating Dividend
A type of dividend paid by a company to its shareholders out of its capital base, indicating a return of some of the original investment rather than profit.
Capital Contributed
The total value of cash and other assets that shareholders or owners have given to a company in exchange for an ownership interest.
Federal Law
Legislation enacted by the national government of a country, applicable across the entire country.
Premium on Stock
The amount by which the sale price of a stock exceeds its par value, often occurring when investors view the company as having strong future prospects.
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