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.
An entire overthrow or destruction of a suit so that it is quashed and ended. The purpose of abatement is to save the time and expense of a trial when the plaintiff's suit cannot be maintained in the form originally presented.After an action abates, the plaintiff is ordinarily given an opportunity to correct errors in his or her Pleading.n entire overthrow or destruction of a suit so that it is quashed and ended. The purpose of abatement is to save the time and expense of a trial when the plaintiff's suit cannot be maintained in the form originally presented.