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Declaration and Explication

noun

  • A statement that is emphatic and explicit (spoken or written. )
  • Law) unsworn statement that can be admitted in evidence in a legal transaction. (
    • usage: "his declaration of innocence"
  • A statement of taxable goods or of dutiable properties.
  • Contract bridge. ( the highest bid becomes the contract setting the number of tricks that the bidder must make)
  • A formal public statement.
    • usage: "the government made an announcement about changes in the drug war"; "a declaration of independence"
  • A formal expression by a meeting; agreed to by a vote.

Declaration is the Board of Directors motion to authorize dividend payments.

noun

  • The act of making clear or removing obscurity from the meaning of a word or symbol or expression etc..
  • A detailed explanation of the meaning of something. .