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SourceLaw Dictionary Browse Letter D

Dividend

Legal definition for Indian law research

Definition

A sum of money to be divided and distributed the share of a sum divided that falls to each individual a distribute sum share or percentage applied to the profits as appropriated among shareholders and to assets as apportioned among creditors as the dividend of a bank a railway corporation or a bankrupt estate

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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