Examlex
As a result of reading several research articles on the long-term effects of day care, a provincial department rules that all day care providers must modify their practices to follow this research. This action reflects
Cumulative Preferred Stock
Cumulative Preferred Stock is a type of preferred shares that have a provision entitling shareholders to receive dividends that were missed in the past before any dividends are paid to common shareholders.
Fully Participating
Refers to a type of preferred stock or other securities that entitle holders to receive additional dividends beyond a specified amount if certain conditions are met.
Stock Dividend
A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned while diluting the value of each share.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
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