Examlex
The price-earnings ratio is calculated by dividing the earnings per share of a stock by its fair market value.
Gross Revenues
The total amount of money earned by a business before any deductions or expenses are subtracted.
Indirectly Own Stock
Holding shares in a company through indirect means, such as owning a mutual fund or an exchange-traded fund that in turn owns the stock.
Ultra Vires Doctrine
A legal principle that acts of a corporation must fall within the limits of the powers granted by law and the corporation's own constitution.
Criminally Liable
The legal responsibility or accountability of a person or entity for violations of criminal law, subject to penalties such as fines or imprisonment.
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