Company Profitability

Dividend Waiver
The choice by a major shareholder to forgo receiving dividend payments from a company, typically made when the company is facing financial constraints.
Profit-Related Pay (PRP)
Profit-Related Pay (PRP) is an employee compensation plan where the amount paid to an employee is tied to the company's profitability. It aims to align the interests of employees and shareholders by incentivizing employees to work towards increasing company profits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.