Examlex
What does CAD stand for? Give another meaning that is often associated with CAD.
Net Income
The amount of profit left over after all expenses, taxes, and costs have been subtracted from total revenue.
Retained Earnings
The part of net earnings a corporation keeps instead of paying out to its shareholders in the form of dividends.
Noncumulative
A term often used to describe preferred stocks or dividends that do not accumulate if they are unpaid or not declared.
Nonparticipating
Describing a type of insurance policy or preferred stock where the holder is not entitled to share in the company's profits beyond a specified amount.
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