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Dividend
A Dividend is a payment made by a corporation to its shareholders, usually derived from the company's profits.
Basis of Property
The basis of property is the starting point for determining the gain or loss on the sale, exchange, or other disposition of property, generally its cost plus improvements and minus depreciation.
Recognized Gain
The portion of profit from the sale of an asset that must be reported for taxation purposes.
Shareholder
An individual or institution that owns a share of a company's stock, making them a partial owner of the company.
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