Examlex
The right of an individual to take another person's resources (especially money) because that person has failed to meet the requirements of the law (e.g., the breach of a contract) is known as a(n) _____.
Taxable Income
The amount of income subject to tax, after deductions and exemptions.
Missed Dividend Payment
Occurs when a company does not make a scheduled dividend payment to its shareholders, often indicating financial difficulties.
Preferred Stock
A class of ownership in a corporation with a fixed dividend that is paid before any dividends are paid to common stockholders.
Cumulative
Describes something that increases in quantity, degree, or force by successive additions.
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