To pass a dividend

To pass a dividend
Pass Pass, v. t. 1. In simple, transitive senses; as: (a) To go by, beyond, over, through, or the like; to proceed from one side to the other of; as, to pass a house, a stream, a boundary, etc. (b) Hence: To go from one limit to the other of; to spend; to live through; to have experience of; to undergo; to suffer. ``To pass commodiously this life.'' --Milton. [1913 Webster]

She loved me for the dangers I had passed. --Shak. [1913 Webster] (c) To go by without noticing; to omit attention to; to take no note of; to disregard. [1913 Webster]

Please you that I may pass This doing. --Shak. [1913 Webster]

I pass their warlike pomp, their proud array. --Dryden. [1913 Webster] (d) To transcend; to surpass; to excel; to exceed. [1913 Webster]

And strive to pass . . . Their native music by her skillful art. --Spenser. [1913 Webster]

Whose tender power Passes the strength of storms in their most desolate hour. --Byron. [1913 Webster] (e) To go successfully through, as an examination, trail, test, etc.; to obtain the formal sanction of, as a legislative body; as, he passed his examination; the bill passed the senate. [1913 Webster]

2. In causative senses: as: (a) To cause to move or go; to send; to transfer from one person, place, or condition to another; to transmit; to deliver; to hand; to make over; as, the waiter passed bisquit and cheese; the torch was passed from hand to hand. [1913 Webster]

I had only time to pass my eye over the medals. --Addison. [1913 Webster]

Waller passed over five thousand horse and foot by Newbridge. --Clarendon. [1913 Webster] (b) To cause to pass the lips; to utter; to pronounce; hence, to promise; to pledge; as, to pass sentence. --Shak. [1913 Webster]

Father, thy word is passed. --Milton. [1913 Webster] (c) To cause to advance by stages of progress; to carry on with success through an ordeal, examination, or action; specifically, to give legal or official sanction to; to ratify; to enact; to approve as valid and just; as, he passed the bill through the committee; the senate passed the law. (e) To put in circulation; to give currency to; as, to pass counterfeit money. ``Pass the happy news.'' --Tennyson. (f) To cause to obtain entrance, admission, or conveyance; as, to pass a person into a theater, or over a railroad. [1913 Webster]

3. To emit from the bowels; to evacuate. [1913 Webster]

4. (Naut.) To take a turn with (a line, gasket, etc.), as around a sail in furling, and make secure. [1913 Webster]

5. (Fencing) To make, as a thrust, punto, etc. --Shak. [1913 Webster]

{Passed midshipman}. See under Midshipman.

{To pass a dividend}, to omit the declaration and payment of a dividend at the time when due.

{To pass away}, to spend; to waste. ``Lest she pass away the flower of her age.'' --Ecclus. xlii. 9.

{To pass by}. (a) To disregard; to neglect. (b) To excuse; to spare; to overlook.

{To pass off}, to impose fraudulently; to palm off. ``Passed himself off as a bishop.'' --Macaulay.

{To pass (something) on (some one)} or {To pass (something) upon (some one)}, to put upon as a trick or cheat; to palm off. ``She passed the child on her husband for a boy.'' --Dryden.

{To pass over}, to overlook; not to note or resent; as, to pass over an affront. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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  • Pass — Pass, v. t. 1. In simple, transitive senses; as: (a) To go by, beyond, over, through, or the like; to proceed from one side to the other of; as, to pass a house, a stream, a boundary, etc. (b) Hence: To go from one limit to the other of; to… …   The Collaborative International Dictionary of English

  • dividend — a distribution of the profits of a company among its members or shareholders. Glossary of Business Terms A portion of a company s profit paid to common shareholders and preferred shareholders. A stock selling for $20 a share with an annual… …   Financial and business terms

  • Dividend — A dividend is a portion of a company s profit paid to common and preferred shareholders. A stock selling for $20 a share with an annual dividend of $1 a share yields the investor 5%. The New York Times Financial Glossary * * * dividend div‧i‧dend …   Financial and business terms

  • pass — ▪ I. pass pass 1 [pɑːs ǁ pæs] verb 1. [transitive] if an official group passes a law, proposal etc, or it passes that group, it is accepted by them, especially by voting: • Shareholders of Fibreboard Corp. narrowly passed a measure doubling the… …   Financial and business terms

  • dividend — / dɪvɪdend/ noun a percentage of profits paid to shareholders ♦ to raise or increase the dividend to pay out a higher dividend than in the previous year ♦ to maintain the dividend to keep the same dividend as in the previous year ♦ to omit or… …   Dictionary of banking and finance

  • pass — /pɑ:s/ verb 1. ♦ to pass a dividend to pay no dividend in a certain year 2. to approve something ● The finance director has to pass an invoice before it is sent out. ● The loan has been passed by the board. ♦ to pass a resolution to vote to agree …   Dictionary of banking and finance

  • pass — passless, adj. /pas, pahs/, v.t. 1. to move past; go by: to pass another car on the road. 2. to let go without notice, action, remark, etc.; leave unconsidered; disregard; overlook: Pass chapter two and go on to chapter three. 3. to omit the… …   Universalium

  • Dividend imputation — is a corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution. In comparison to the classical system, it… …   Wikipedia

  • PASS — vi 1 a: to issue a decision, verdict, or opinion the Supreme Court pass ed on a statute b: to be legally issued judgment pass ed by default 2: to go from the control, ownership, or possession of one person or group to that of …   Law dictionary

  • pass — pass1 [pas, päs] n. [ME pas: see PACE1] a narrow passage or opening, esp. between mountains; gap; defile pass2 [pas, päs] vi. [ME passen < OFr passer < VL * passare < L passus, a step: see PACE1] 1. to go o …   English World dictionary

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