declare


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Declare

To authorize or announce a dividend. A publicly-traded company that declares a dividend binds itself with an obligation to later pay that same dividend to shareholders. See also: Declaration date, Ex-dividend date.

declare

To authorize a dividend formally.
References in periodicals archive ?
The President had earlier said he could declare martial law if he wanted to, not on the basis of invasion or insurrection, but to preserve the country.
August 5: Montenegro declares war on Austria-Hungary.
Contrary to widespread misconception, the power to declare war is tantamount to the power to make war.