{"iri":"https://folio.openlegalstandard.org/RCxcU4AQo2mykjqSdB8EGpW","label":"Auction Rate Dividend Payment","sub_class_of":["https://folio.openlegalstandard.org/R8ZlXt0J1JMbXm6T0xEg2SO"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Auction-Based Dividend","alternative_labels":["Auction Dividend"],"translations":{},"hidden_label":null,"definition":"Auction Rate Income refers to a type of dividend income where the dividend rate is periodically adjusted through an auction process, such as a Dutch auction. This mechanism allows the dividend rate to be determined by investor demand, resulting in potentially variable payouts.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}