Examlex
How does allowing employees to participate in pay-related decisions affect the incentive process?
In Treasury
Refers to stocks or bonds that a company keeps in its own treasury after they have been repurchased or are not yet issued.
Noncumulative
A characteristic of certain preferences or instruments that do not allow for the accumulation of unpaid dividends or benefits if they are not paid in a given period.
Nonparticipating
In the context of insurance or preferred stock, it refers to policies or shares that do not share in the profits beyond a specified amount.
Weighted-average
A calculation that takes into account the varying weights of different items in a dataset, often used in inventory valuation or determining cost per unit.
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