Dividend - A taxable payment given to stockholders at the direction of a company’s board of directors out of the company’s current or retained earnings, usually quarterly. Dividends can be given in the form of cash, additional stock, or other property. NOTE: Companies are not required to pay dividends.
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Estate Tax - (n) A tax imposed on the right to transfer property by inheritance and assessed on the net value of a decedent\'s estate before distribution to the heirs. Also called death tax .- TheProAdvisor on Facebook
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