Examlex
Delegated legislation cannot be subject to review in the courts.
Income Stream
A series of regular payments or revenues generated over time from investments, work, or business activities.
Dividend Preference Theory
A theory suggesting that investors prefer dividends from current earnings over potential capital gains because of the perceived certainty of dividend payments.
Bird in Hand
A theory in finance that suggests investors prefer the certainty of dividend payments to the potential for future capital gains.
PE Ratio
The Price to Earnings Ratio, a metric used to evaluate the valuation of a stock by dividing its current share price by its earnings per share.
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