Economic Glossary | Dividend | Bankers Algo
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Do what you can, with what you have, where you are

-by Theodore Roosevelt

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Economic Glossary

    Dividend

The part of a company’s PROFIT distributed to shareholders. Unlike INTEREST on DEBT, the payment of a dividend is not automatic. It is decided by the company’s managers, subject to the approval of the company’s owners (shareholders)


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Banker's Algo Daily Dose

Word of the day

Contrive(v)

Meaning:

Invent, design

Synonyms: come up with, concoct, construct, cook up, create

Antonyms: disorganize

Apti Question of The day

Question

A train of length 150 m takes 10 sec to cross another train 100 m long coming from the opposite direction. If the speed of first train is 30 km/hr. what is the speed of second train?

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