What is GRAY LIST?

An organization’s position with an investment bank renders these stocks ineligible for trade. Ongoing matters of acquisitions and mergers of companies push stocks onto the gray list and are not traded by the investment bank’s risk arbitrage division.

More On This Topic

Link to This Definition
Did you find this definition of GRAY LIST helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary