Examlex
A stock split, like any other stock issuance, cannot involve issuing more shares of stock than authorized in the corporate charter.
Depository Institutions
Commercial banks and thrift institutions; financial institutions that accept deposits from the public
Customer Deposits
Funds placed by customers with a company, often in the context of financial services, which may be used for further transactions or withdrawn later.
Maximize Profits
The objective of optimizing the difference between total revenues and total costs to achieve the highest possible financial gain.
Board of Governors
A leading body of a central banking system, such as the Federal Reserve in the United States, responsible for overseeing the bank's policies and operations.
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