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Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z




Deadlock
   Instances when a vote of the board of directors are evenly split and cannot execute an action. Usually when this occurs, there is a judicial resolution of the original argument.

Debt Collection
   Debt collection is a manner of collecting a due amount and the federal law prohibits certain methods of debt collection, such as harassment

Debt Financing
   A company receives a loan and promises to pay back the loan.

Dilution
   The process wherein an existing shareholder's interest is reduced in a corporation when new shares are issued.

Director
   Elected by the shareholders, to deal with corporate matters such as issuing of shares of stock, election of officers, and approval of mergers and acquisitions.

Directors
   The shareholders of the corporation designate directors and they possess the responsibility to manage the corporation's operations

Dissolution
   When a decision is made to shut down the corporation and ending its life, this process is done.

Dissolution
   Dissolution refers to the termination of a corporation's legal existence, which is either due to non-compliance of the state's rulings or requirements for a corporation

Distribution
   An action made by a corporation when they transfer profits or properties to its shareholders.

Dividend
   Profit shares of a corporation issued to shareholders.

Dividend Priority
   A special privelege enjoyed by a secondary class of shareholders that entitles them to receive dividends before other shareholders.

Domestic Corporation
   Articles of incorporation filed in the state where the corporation operates and holds its head office.

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