Dishonour and Distributable reserves: Difference between pages

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1.  ''Verb - law.''
''Company law.''


In commercial law, the failure to honour a negotiable instrument.  
The part of a company's total reserves which can legally be paid out to shareholders, usually in the form of dividends.


This may be by non-acceptance, or by non-payment.


==See also==
* [[Dividends]]
* [[Reserves]]
* [[IFRS_–_issues_for_the_treasurer|IFRS – issues for the treasurer]]


2.  ''Verb.''
[[Category:Accounting,_tax_and_regulation]]
 
Failure to carry out any agreement or to respect a principle.
 
 
3.  ''Verb.''
 
To bring shame or disgrace on an individual or organisation.
 
 
4.  ''Noun.''
 
The state of being shamed or disgraced.
 
 
== See also ==
* [[Negotiable instrument]]
* [[Principle]]
 
[[Category:Compliance_and_audit]]

Revision as of 23:02, 9 February 2016

Company law.

The part of a company's total reserves which can legally be paid out to shareholders, usually in the form of dividends.


See also