GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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50% - Moderately

Retained Earnings


Synonyms:accumulated profits, held income, profits after dividends, retained profits or losses
Filed Under: financial-banking, investments, taxation
Tags: banking, investment, taxes
 

Definition of retained earnings

retained earnings
1. All the profits or losses that you have accumulated from prior years and from this year's income statement, less dividends paid to you.

Related Terms and Acronyms:

  • account current (AC)   A ledger summarizing the performance of each agent employed by an insurance company.
      ➥  A monthly or yearly ledger style report provided by an insurer to an insurance agent detailing policies, premiums, commissions, cancellations, and endorsements.
  • accounts payable (A/P, AP)   Money owed by a business for goods and services received.
  • accounts receivable (A/R, AR)   Money owed to a business by purchasers of goods and/or services.
  • balance (bal.)   The amount of money in your account.
  • cash flow   The money an investment produces after subtracting cash expenses from income.
  • gross profit margin   The difference between the sales your business generates and the costs you pay out for goods.

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