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 abatement is a reduction in the tax assessed on your property for the fiscal year. assessment or to correct any other billing problem or error that caused your tax bill to be higher than it should be, you must apply for an abatement.