Examlex
The parol evidence rule is a common law rule that specifically addresses the admissibility of written evidence as it relates to oral contracts.
Market Price
The price at which an asset or service is currently traded in the market.
Stock Repurchase
The act of a company buying back its own shares from the marketplace, which can reduce the number of outstanding shares and potentially increase share value.
Retained Earnings
The part of a company's earnings that is not distributed as dividends to its shareholders but is instead reinvested or saved.
Dividend Cut
A reduction in the dividend amount paid by a corporation to its shareholders, often due to financial difficulties or the need to conserve cash.
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