Examlex
The Constitutional Convention met to amend the Articles of Confederation, not to draft a new constitution.
CGT
Capital Gains Tax (CGT) is a tax on the profit earned from the sale of non-inventory assets that were purchased at a cost amount that was lower than the amount realized on the sale.
Flotation Cost
The total costs a company faces in issuing new securities, including underwriting, legal, and registration fees.
Cost of New Stock
The costs associated with issuing new shares of stock, including the underwriting and administrative costs.
Retained Earnings
The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.
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