to pass a dividend

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• To pass a dividend — Pass Pass, v. t. 1. In simple, transitive senses; as: (a) To go by, beyond, over, through, or the like; to proceed from one side to the other of; as, to pass a house, a stream, a boundary, etc. (b) Hence: To go from one limit to the other of; to… …   The Collaborative International Dictionary of English

• Pass — Pass, v. t. 1. In simple, transitive senses; as: (a) To go by, beyond, over, through, or the like; to proceed from one side to the other of; as, to pass a house, a stream, a boundary, etc. (b) Hence: To go from one limit to the other of; to… …   The Collaborative International Dictionary of English

• dividend — a distribution of the profits of a company among its members or shareholders. Glossary of Business Terms A portion of a company s profit paid to common shareholders and preferred shareholders. A stock selling for $20 a share with an annual… …   Financial and business terms

• Dividend — A dividend is a portion of a company s profit paid to common and preferred shareholders. A stock selling for $20 a share with an annual dividend of $1 a share yields the investor 5%. The New York Times Financial Glossary * * * dividend div‧i‧dend …   Financial and business terms

• pass — ▪ I. pass pass 1 [pɑːs ǁ pæs] verb 1. [transitive] if an official group passes a law, proposal etc, or it passes that group, it is accepted by them, especially by voting: • Shareholders of Fibreboard Corp. narrowly passed a measure doubling the… …   Financial and business terms

• dividend — / dɪvɪdend/ noun a percentage of profits paid to shareholders ♦ to raise or increase the dividend to pay out a higher dividend than in the previous year ♦ to maintain the dividend to keep the same dividend as in the previous year ♦ to omit or… …   Dictionary of banking and finance

• pass — /pɑ:s/ verb 1. ♦ to pass a dividend to pay no dividend in a certain year 2. to approve something ● The finance director has to pass an invoice before it is sent out. ● The loan has been passed by the board. ♦ to pass a resolution to vote to agree …   Dictionary of banking and finance

• pass — passless, adj. /pas, pahs/, v.t. 1. to move past; go by: to pass another car on the road. 2. to let go without notice, action, remark, etc.; leave unconsidered; disregard; overlook: Pass chapter two and go on to chapter three. 3. to omit the… …   Universalium

• Dividend imputation — is a corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution. In comparison to the classical system, it… …   Wikipedia

• PASS — vi 1 a: to issue a decision, verdict, or opinion the Supreme Court pass ed on a statute b: to be legally issued judgment pass ed by default 2: to go from the control, ownership, or possession of one person or group to that of …   Law dictionary

• pass — pass1 [pas, päs] n. [ME pas: see PACE1] a narrow passage or opening, esp. between mountains; gap; defile pass2 [pas, päs] vi. [ME passen < OFr passer < VL * passare < L passus, a step: see PACE1] 1. to go o …   English World dictionary