Examlex
A firm that engages in accounts receivable financing by purchasing accounts and assuming all credit risks.
Price Appreciation
The increase in the value of an asset or investment over time, not including the dividends or interest earned.
Current Income
The total amount of money earned within a specific time period, including wages, dividends, and interest.
Clientele Effect
The theory suggesting that changes in dividend policy will attract a different class of shareholders or cause the current shareholders to sell their shares.
Residual Dividend Theory
The idea that corporations pay dividends with whatever money is left over out of earnings after all projects with a positive NPV are undertaken.
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