statement of retained earnings

statement of retained earnings definition - finance
A financial statement that shows the changes in retained earnings over a set period of time. Retained earnings is one type of financial report that corporations generate. Retained earnings are not paid out as dividends. Instead, they are retained and reinvested in the corporation.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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