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.
The 22 schools holding half of U.S. endowment wealth enroll just 5% of higher education students. If anything, thatâs an understatement. The concentration of wealth of the 22 schools includes three large public university systems with multiple campuses. The eight Ivy League schools in the top 22, for example, alone have over 21% of the total American endowment assets, but well under 1% of the students.