Italic type. In typography, italic type is a cursive font based on a stylized form of calligraphic handwriting. Owing to the influence from calligraphy, italics normally slant slightly to the right. Italics are a way to emphasise key points in a printed text, or when quoting a speaker a way to show which words they stressed. One manual of English usage described italics as the print equivalent of underlining. The name comes from the fact that calligraphy-inspired typefaces were first designed in Italy, to
According to the agency, it will no longer have specific limitations or guidelines associated with net or gross adjustments. âThe appraiserâs adjustments must reflect the marketâs reaction (that is, market based adjustments) to the difference in the properties [of chosen comparables],â according to Fannie Mae.
I'm trying to get an intuition as to why the adjusted closing price includes a dividend adjustment: \begin{equation} 1 - \frac{dividend}{close} \end{equation}. I understand why the adjusted closing price undoes the effect of a split on a stock. A stock split hasn't changed the economics of a company so the adjustment effectively removes the split so that the adjusted closing prices before and after the split can be compared.