Examlex
Luis suffers from extreme test anxiety. Three of the statements below probably describe Luis. Which one does not?
Par Value
The nominal or face value of a stock or bond, as stated by the issuing company, which may bear no relation to its market value.
Dividends Distributed
The total amount of dividends that have been given out to shareholders over a specified period.
Cumulative
Referring to the total amount accumulated over time, often used in the context of dividends, earnings, or effects that are added together continuously.
Nonparticipating
A term often used in insurance to describe policies that do not grant the policyholder dividends from the insurer's profits.
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