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Variance

In its specific meaning, variance refers to a statistical measurement reflecting the expected deviation between values in a specific data...

Non-Cumulative Preferred Stock

A type of preferred stock that does not entitle its holders to receive any dividends that have not been earlier...

Noncumulative Preferred Stock

A type of preferred stock that does not entitle its holders to receive any dividends that have not been earlier...

Working Capital Management

An entity manages its working capital as part of the investment decision of its financial management function. Working capital, also...

No Par Value Stock

A stock that is issued without any designated minimum value (i.e., it bears no par or face value at the...

No Par Stock

A stock that is issued without any designated minimum value (i.e., it bears no par or face value at the...

Par Value Stock

A stock (share of stock) that has an arbitrary value established in the articles (charter) of its issuer (i.e., the...

Dividends

A distribution of a company’s earnings to its stockholders on a proportional (pro-rata) basis, as decided and announced by its...

Financial Management

An internal management function that focuses on three main objectives: finance (raising funds from different sources), investment (deployment of funds...

Callable Preference Share

A callable share, specifically a type of preference share, that the issuer has the right to call in or redeem...