A One-Time Payment to Shareholders That Is Much Larger Than

question 13

Multiple Choice

A one-time payment to shareholders that is much larger than a regular dividend is often referred to as a(n) ________ dividend.

• A) taxable
• B) divesting
• C) special
• D) ex-day

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Definitions:

In Utero

A Latin term referring to the period when an embryo or fetus is inside the uterus.

Catholic

Relating to the Roman Catholic Church, its teachings, practices, and beliefs.

Yom Kippur

The holiest day in Judaism, marked by fasting and atonement, observed with intensive prayer and repentance.

Parenterally

The administration of medication or nutrition by injection through routes other than the digestive tract, such as intravenously, intramuscularly, or subcutaneously.