dividend-warrant

A shareholder receives a dividend-warrant in the mail.

Definition

1. Noun:
   • A financial document: "dividend-warrant" refers to a certificate issued by a company that entitles a shareholder to receive a dividend payment. It is a type of cheque or order that allows the holder to collect the dividend amount from a designated bank or financial institution.

Usage Examples

• (A document enabling collection of the dividend.)
• (A financial certificate used to obtain payment.)

Advanced Usage

• "to cash a dividend-warrant": to exchange the document for money at a bank.

  • She went to the bank to cash her dividend-warrant before the expiry date. (To receive the dividend payment in cash.)

• "dividend-warrant in arrears": a warrant for dividends that have not been paid on time.

  • The company issued dividend-warrants in arrears to compensate for the delayed payment. (Warrants for overdue dividends.)

Variants and Related Words

• Dividend (n): a portion of a company's earnings distributed to shareholders.

  • The dividend was higher than expected this year. (The profit share paid to investors.)

• Warrant (n): a document giving authority or entitlement.

  • He needed a warrant to collect the funds. (A legal paper authorizing action.)

Synonyms

• Dividend cheque: a cheque issued for dividend payment.
• Dividend certificate: a document certifying the right to a dividend.

Phrasal Verbs

• Pay out (a dividend-warrant): to issue or distribute the warrant.
  • The company will pay out the dividend-warrants to all shareholders next week. (Distribute the documents.)

Related Idioms

• A piece of paper: an informal way to refer to a financial document like a dividend-warrant.
  • That dividend-warrant is just a piece of paper until you cash it. (The document has no value until processed.)