Examlex
Carefully define the following terms and explain their importance in the study of macroeconomics: "a.expenditure schedule" "b.saving schedule" "c.equilibrium GDP" "d.leakages schedule" "e.injections schedule"
Noncumulative Nonparticipating
Refers to a type of preferred stock that does not allow for the accumulation of unpaid dividends if they are not declared by the board, nor does it participate in the extra profits of the company.
Cash Dividends
Payments made to shareholders out of a corporation's earnings in the form of cash.
Stable Earnings
Earnings that show little variability and predictability over a period, indicative of financial stability in a company.
Preferred Stock
A type of stock that generally provides dividends to its holders before dividends are issued to common stockholders, and typically has rights to assets before common stock upon liquidation.
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