Examlex
Match the term with the appropriate phrase. You may use each answer once, more than once or not at all.
-change in state from solid to gas
Common Stock
A type of security representing ownership in a corporation, with holders having a claim on part of the company’s assets and earnings.
Dividends
Payments made by a corporation to its shareholder members, usually as a distribution of profits.
Profits
Profits represent the financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain the operation.
Nonparticipating
A term used to describe policies or investments that do not share in the profits or surplus of a company, such as nonparticipating life insurance policies that do not pay dividends.
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