Glossary
Non-cumulative
Non-cumulative distributions imply that a missed distribution isn’t temporary like a stay in a private hospital, but rather permanent and financially painful like the bill
NPAT
Net Profit After Tax
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The Intelligent Investor
Current Issue 303
- One line tells Treasury Group’s story
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- Fairfax optimism presents an opportunity
- Servcorp’s American adventure
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- Back to ABC for AWE
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- Foster’s stale second half
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- The Director’s Cut: September 2010
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