Depository System — Secretarial Practice STD 12 Commerce / Arts — Question

The shareholders get dividends at a fixed rate.

Dividend decided and declared by the Board.

A contract by which one person grants possession of some of his property like land, building, machinery to another for a certain period of time.

The company has to intimate the stock exchange about the declaration of dividends.

A definite promise in writing from the buyer for paying a certain amount on a specific date.

The agent of the Depository.

Offering of shares by a company to the public for the first time.

A key determinant of the success of any business function.

Instrument for payment of dividend.

This system eliminates storing of certificates.