Examlex
Who developed the life course theory to offer separate explanations for persistent offenders and adolescent-limited offenders?
Legal Dividend
A dividend that a company is legally allowed to distribute as determined by its net income or retained earnings.
Noncumulative Preferred Stock
A type of preferred stock that does not accumulate unpaid dividends; if a dividend is skipped, it is not required to be paid later.
Retained Earnings
The portion of net earnings not distributed as dividends to shareholders but reinvested in the business or kept as a reserve.
Par Value
The face value of a bond or stock as stated by the issuer, which may differ from its market value.
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