A portion of the corporation's profits that are distributed to the shareholders. … [Read more...] about CASH DIVIDEND
C
CASSATION, COURT OF
(Fr. cour de cassation.) The highest court in France; so termed from possessing the power to quash (casser) the decrees of inferior courts. It is a court of appeal in criminal as well as civil cases. … [Read more...] about CASSATION, COURT OF
CASH EQUIVALENT
A cash equivalent is a non-cash asset that is very easily converted to cash. An item on a balance sheet, cash and cash equivalent. … [Read more...] about CASH EQUIVALENT
CASSETUR BILLA
(Latin: That the bill be quashed.) In practice. The form of the judgment for the defendant on a plea in abatement, where the action was commenced by bill, (billa.) 3 Bl. Comm. 303; Steph. PL 128, 131. The form of an entry made by a plaintiff on the record, after a plea in abatement, where he found that the plea could not be confessed and avoided, nor traversed, nor demurred to; … [Read more...] about CASSETUR BILLA
CASH FLOW
The cash that remains after all the expenses have been paid. … [Read more...] about CASH FLOW