Term: Dividend Warrant

Definition:

A dividend warrant refers to a financial document issued by a company to its shareholders as a proof of payment for a dividend. It is typically a detachable coupon or certificate attached to a dividend statement.

Usage:

Noun (Finance):

1. The company mailed the dividend warrant to all its shareholders.
2. A dividend warrant is considered legal proof of receiving dividend payments.
3. Each shareholder should present their dividend warrant to claim their dividend.

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