A class of EQUITY financing that becomes effective once a defined TRIGGER has been breached; the class includes LOSS EQUITY PUTS and PUT PROTECTED EQUITY. See also CONTINGENT CAPITAL.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A class of EQUITY financing that becomes effective once a defined TRIGGER has been breached; the class includes LOSS EQUITY PUTS and PUT PROTECTED EQUITY. See also CONTINGENT CAPITAL.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.