Dividend: Canada Debt .ca defines Dividend

Bankruptcy Term Dividend

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Dividend. Finding answers to terms such as Dividend can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Dividend in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Dividend' is used as follows:

Under the Bankruptcy and Insolvency Act it refers to those monies paid by a Trustee in Bankruptcy to the creditors.