DEMUTUALIZATION
The process of converting a memberowned mutual organization into a public company through the flotation of COMMON STOCK. Once demutualization occurs, members/ customers are separate and distinct from owners/investors.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The process of converting a memberowned mutual organization into a public company through the flotation of COMMON STOCK. Once demutualization occurs, members/ customers are separate and distinct from owners/investors.
Charges on earning based on wasting a resource taken out or reserce. It can be reduced over the years to 0. It is not cash outlay in the books or funds earmarked.
Information on credit reports lenders used to refuse a loan legally. It can lower the score and limit credit availability.
When construction is both designed and built by the same party.
Downgrading effectiveness due to bad packaging or abnormal storage.
An agreement when one party lets another evaluate it for a time. If things go well than formal licensing is offered.
A busines growth of equipment and materials to make a new item.
A reference for words arranged alphabetically. It shows spelling and meaning as well as origin. Refer to thesaurus.
The way a product can have different prices based on the customer, quantity, delivery, and terms. AKA discriminatory pricing or multiple pricing.
When investors buy but do nothing to increase earnings.
A magnetic tape that can hold 35GB using longitudinal recording. It replaced the 4 MM tape that held 4GB.
The RISK of loss arising from exposure to the direction of a reference ASSET or market. An investor holding a LONG POSITION experiences a loss if market prices fall and a gain
INSURANCE contracts on the same property and PERIL purchased by the INSURED from two or more INSURERS. The total SETTLEMENT will never exceed the amount of the loss, and will be divided
A FLOATING RATE NOTE or BOND that converts into a fixed COUPON obligation when a reference INTEREST RATE is breached on the downside. See also DROP LOCK.
A section of the dangerous goods declaration that states the materials are on board and safe in a clean space for maritime code.
Restoring the data stored in lost files. The space is not overwritten leaving it recoverable by the undelete program. Software is written to do this and is needed for recovery. AKA data
The date when a product is in the container and sold to customers.
he process of actively buying and selling securities throughout the day but holding little or no open position at market close; the practice was initially popularized by the advent of ELEC- TRONIC
A firm that isn’t de jure corporation. It can be treated as such due to promoters that attempt to incorporate.
DEBT of a company that is used to fund operat- ing losses or service other debt rather than support productive invest- ment or ACQUISITIONS, or create incremental ENTERPRISE VALUE. Although the debt