Examlex
What is a DRIP? How can it be advantageous to both a corporation and its stockholders?
Dirty Price
The price of a bond that includes accrued interest, in contrast to the clean price which excludes it.
Accrued Interest
Interest that has accumulated over a period but has not yet been paid or received.
Protective Covenant
Clauses in a bond or loan agreement that limit certain actions of the issuer to protect creditors' interests.
Financial Statements
Records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
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