Examlex
Explain how lake breezes in southern Ontario contribute to the formation of thunderstorms in the summer.
Retained Earnings
Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested back into the company.
Share Capital
The funds raised by a company through the issuance of shares, representing the ownership of the company.
Cumulative Preferred Shares
Preferred stock where dividends accumulate if not paid in a given period and must be paid out before any dividends can be paid to common stockholders.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock that must be paid before any dividends can be paid to common shareholders.
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