单词 | retained earnings |
释义 | retained earnings The part of company profits which is not paid out in taxes or dividends, but is ploughed back into a business. Retained earnings may be used to finance fixed investment, to finance takeovers of other firms, to extend credit to customers, to pay off loans, or to increase liquid assets. Retention of earnings is an alternative method of financing to borrowing or raising equity capital through share issues. |
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