Instructions: Identify the Following Terms

question 59

Short Answer

Instructions: Identify the following terms:
Fugitive Slave Law

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Definitions:

Tax-Exempt Dividends

Dividends that are paid by investments in municipal bonds or certain mutual funds which are not subject to federal income tax.

Corporate Dividends

Payments made by a corporation to its shareholders, usually derived from the company's profits.

Taxable

Pertaining to income, transactions, or assets that are subject to tax by governmental authorities.

Stock Split

A corporation’s decision to increase the number of its outstanding shares, thus reducing the share price.