What is the definition of Patronage dividend? | Dictionary.net

PATRONAGE DIVIDEND

\pˈatɹənɪd͡ʒ dˈɪvɪdənd], \pˈatɹənɪd‍ʒ dˈɪvɪdənd], \p_ˈa_t_ɹ_ə_n_ɪ_dʒ d_ˈɪ_v_ɪ_d_ə_n_d]\

Definitions of PATRONAGE DIVIDEND

1910 - Black's Law Dictionary (2nd edition)

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the term that is given to a refund or a dividend that is paid out of profits from a cooperative association.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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