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LSDefine

Simple English definitions for legal terms

interim statement

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A quick definition of interim statement:

An interim statement is a financial report that a company issues during the year, usually every quarter, to show how well it is doing. It tells shareholders and investors how the company is performing at that point in time. The Securities and Exchange Commission (SEC) requires companies to file an interim statement if it is distributed to shareholders. It is also called an interim report.

A more thorough explanation:

An interim statement is a financial report that a company issues during the fiscal year, usually on a quarterly basis, to show its current performance. The Securities and Exchange Commission (SEC) requires companies to file an interim statement if it is distributed to the company's shareholders. It is also known as an interim report.

Example 1: XYZ Corporation issues an interim statement for the second quarter of the fiscal year. The statement shows the company's revenue, expenses, and net income for the period from April to June.

Example 2: ABC Inc. is a publicly traded company that distributes its interim statement to its shareholders. The statement includes information about the company's financial performance for the first three months of the fiscal year.

These examples illustrate how companies use interim statements to provide shareholders with information about their financial performance during the fiscal year. The statements help investors make informed decisions about buying or selling the company's stock.

interim relief | interim trustee

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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