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omitted dividend
o·mit·ted div·i·dend (plural o·mit·ted div·i·dends)


noun 
Definition:
 
due dividend not paid: a normally occurring dividend that a company board decides not to pay, usually because of financial difficulties.
U.K. term  passed dividend
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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