Examlex
A corporation may not declare and distribute dividends unless it has excess solvency.
General Fund
The primary operating fund of a government, covering general operations and services not accounted for in special-purpose funds.
Direct Increase
A rise in the value or quantity of something without intervening steps or intermediaries.
Endowment Fund
A fund where the principal amount is kept intact while the investment income is available for use, typically for the ongoing support of an organization.
General Fund
A main operating fund in governmental accounting, covering most basic services and activities.
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