Examlex
Social segmentation is the basis for the conflict models of society but not the order model.
Preferred Stock
Preferred stock is a class of shares that typically provides a fixed dividend and has priority over common stock in the event of a liquidation, but generally does not carry voting rights.
Deductible
An amount that can be subtracted from an individual's or organization's taxable income, thereby reducing the amount of tax owed.
Tax Deductible
Refers to a qualifying expense that can reduce an entity's taxable income, and thereby reduce its tax liability.
Dividends
Sum of money distributed by a corporation to those holding its shares, originating from the firm's earnings allocated among its stockholders.
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