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{{g}}An [[income]] payment to a shareholder. Usually discretionary, and a large feature of the cash equity market, and a source of endless complication and fun when trying to | {{g}}An [[income]] payment to a shareholder. Usually discretionary, and a large feature of the cash equity market, and a source of endless complication and fun when trying to replicate equity securities [[Synthetic equity swap|synthetically]], whether through [[Index - Equity Derivatives Provision|indices]], [[equity derivatives]] or [[futures]]. | ||
===Metaphysical theory=== | |||
{{share capsule}} | |||
{{sa}} | {{sa}} | ||
*{{eqderivprov|Dividend}} - {{eqdefs}} | *{{eqderivprov|Dividend}} - {{eqdefs}} | ||
*{{gmslaprov|Manufactured payments in respect of Loaned Securities}} - {{gmsla}} | *{{gmslaprov|Manufactured payments in respect of Loaned Securities}} - {{gmsla}} | ||
{{ref}} |