Examlex
If a share of stock in Skylight Chili sells for $75, the retained earnings per share are $5, and the dividend per share is $2, then the price-earnings ratio is 15.
Instrument Dishonored
A legal term for when a negotiable instrument (like a check or promissory note) is not honored or paid upon presentation.
Insufficient Funds
A situation where an account does not have enough money to cover transactions, leading to declined payments or penalties.
Delivery
In contract law, the process of transferring the possession of a good or document from one party to another, completing the transaction.
Negotiation
(1) A bargaining process in which disputing parties interact informally to attempt to resolve their dispute. (2) The transfer of the rights to a negotiable instrument from one party to another.
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