A person whose spouse has died within the tax year and who may file a joint tax return for that year. Additionally, the surviving spouse can file joint returns for the next two years if they remain unmarried and maintain a household as the principal residence for a dependent child.
Share
[ʃɛr]
What is the definition of Share?
A unit of equity representing ownership in a corporation, which entitles the holder to a proportion of the corporation's assets and profits.
Using Share in an Example
When an individual purchases a share of a company, they become a shareholder and gain certain rights such as receiving dividends and voting on corporate matters, depending on the type of share.
Using Share in a sentence
He bought 100 shares of the company, hoping to benefit from its future growth and profitability.
Related Terms
Swap
A financial contract in which two parties agree to exchange streams of payments over a specified period, based on different indices such as interest rates, foreign exchange rates, or equity indices, applied to a notional amount. Swaps typically do not involve the exchange of principal.
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