The most straightforward job of the shareholder is to provide funds. In practice, however, it isnât straightforward at all. Corporations do need capital to invest in growth, but they donât get it in aggregate from shareholders.
Noun. 1. understatement-a statement that is restrained in ironic contrast to what might have been said. statement-a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; according to his statement he was in London on that day.
He never spoke explicitly about 'surrender' or 'defeat', but simply remarked that the war 'did not turn in Japan's favour'. It was a classic piece of understatement. Nearly three million Japanese were dead, many more wounded or seriously ill, and the country lay in ruins.