Examlex
Process of Science: The theory of special relativity is one of the most tested theories in physics and has now been completely proven beyond all doubt.
Prior Earnings
The amount of profit a company made in a preceding period, often used as a benchmark or comparison for current financial performance.
Dividend Irrelevance Theory
The theory that suggests that dividend policy has no effect on either the price of a firm's stock or its cost of capital.
Residual Dividend Policy
A strategy where dividends are paid to shareholders from the residual or leftover equity only after all project capital needs are met.
Loan Indentures
Formal agreements specifying the terms of a bond or loan, including the interest rate, repayment schedule, and other conditions.
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