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Dividend - Law Dictionary Search Results

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Bonus

Bonus, premium or advantage; an occasional extra dividend; a gratuity. As to the respective rights of tenant for life and remaindermen in a bonus declared by

Reserve

it is used in rule 2 can only mean profit earned by a company and not distributed as dividend to the shareholders but kept back by the directors for any purpose to which it may be put

Railway

the expiration of twenty-one years from the passing of any construction Act, both Treasury Revision on three years' dividends exceeding 10 per cent., and Treasury Purchase whatever might be the rate of dividend; but 2,000 miles of

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Preferential or preference shares or stock

Preferential or preference shares or stock, shares or stock in a company having priority as to payment of dividends of a fixed amount, and, in some cases, of capital upon a winding-up, over the ordinary shares. The

Not negotiable

cheque within the meaning of the Bills of Exchange Act, 1882, and a 'warrant for payment of a dividend' within s. 95 of the same Act. A banker in good faith and without negligence receiving payment for

Coupons

Coupons [fr. Couper, Fr., to cut], interest and dividend certifictes; also those parts of a commercial instrument which are to be cut, and which are evidence of

Voluntary conveyance

coming into possession or control of the settlor. The beneficiaries under either (2) or (3) may claim for dividend after the creditors have been satisfied. See also s. 27, ibid.; FRAUDULENT CONVEYANCES.

Association not for Profit

Act, 1929, an association for promoting commerce and science, religion, charity or other useful object without distributing any dividend to its members maybe registered as a company with limited liability by licence by the Board of Trade

pass

[title es to the buyer] vt 1 : to omit a regularly scheduled declaration and payment of (a dividend) 2 a : to get the approval of [the bill ed the House] b : to give approval

Abatement

abate in proportion according to their degree (see ADMINISTRATION OF ASSETS), and they must be content with a dividend. So in the case of legacies, upon a deficiency of assets after payment of the debts they abate

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