Examlex
Mentoring programs develop over time and on an informal basis.
80% Test
A requirement or threshold in various contexts where at least 80% of some criteria must be met, but in finance, it often relates to rules around shareholder voting rights or dividend distribution policies.
Recognize Gain
To report and potentially pay taxes on profits from the sale of an asset when the selling price exceeds the asset's adjusted basis.
Stockholder
An individual or entity that owns shares in a corporation, thus holding a portion of the company's ownership.
Dividends Received Deduction
A tax deduction available to corporations that receive dividends from related entities, aimed at mitigating the effects of multiple layers of taxation.
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