Examlex
Formal performance appraisal systems:
Retained Earnings
Definition: The portion of a business's profits not distributed as dividends to shareholders but instead retained for reinvestment or to pay off debt.
Cash Dividend
A payment of earnings declared by a company's board of directors, distributed among shareholders in the form of cash.
Cash Dividends
Payments made to shareholders out of a corporation's earnings in the form of cash.
Date Of Record
The specified date on which a company determines its shareholders of record to receive dividends or the beneficiaries of stock splits.
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