The most straightforward job of the shareholder is to provide funds. In practice, however, it isnât straightforward at all. Corporations do need capital to invest in growth, but they donât get it in aggregate from shareholders.
Noun. 1. understatement-a statement that is restrained in ironic contrast to what might have been said. statement-a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; according to his statement he was in London on that day.
Abatement refers generally to a lessening, diminution, reduction, or moderation; specifically, it may refer to: 1  Abatement of debts and legacies, a common law doctrine of wills. 2  Abatement in pleading, a legal defense to civil and criminal actions based purely on procedural and technical issues involving the death of parties.