SLEEPING BEAUTY
A firm that is failing that becomes a prime takeover possibility.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A firm that is failing that becomes a prime takeover possibility.
Finite reinsurance where premium is paid to an experience account every year for the contracts duration. The account generates a rate that covers loss. If anything is left at maturation it is
A government requirement that contractors, businesses, and fiduciaries whose work affects public interest maintain a security bond to ensure sufficient fortification in case the contract individual breaks contract.
A US market Separate Trading of Registered Interest and Principal Securities.
The contract syndicate members agree to. It designates the structure, rules, and time period. AKA underwriting agreement. Refer to subscription agreement.
The yield on tax free securities. It is compared with taxable investment opportunities. Refer to yield to maturity, yield to call, simple yield, bond equivalent yield, and discount yield.
A marketplace for trading over the counter interests. Or exchanging between nonmember firms.
An index of all the stock on the Japanese stock exchange. It is subdivided by size and industry.
A chart that looks like a triangle. The price changes are shown as two points on the bottom and one at the top. Any breakout from the triangle indicates a move upward
When a company in financial distress is urged to invest in low risk low return opportunites. This move protects the position of the firm.
When an institution takes collateral from the borrower right away to cover losses. Refer to periodic collateral.
A strategy that uses volatility rather than market direction. Refer to directional strategy.
An employee who turns against their superiors to bring an problem out in the open.
A yield curve showing discounts for maturities from a starting point to present. This is done through stripping the yield curve.
When index futures are rich buyers keep stocks and sell the futures. When the futures are cheap they sell stock and buy the futures.
A director of the board who is somehow related to the company they oversee. They are not independant voters as they have personal connections. Refer to outside director.
The interest rate for a project assuming it will break even.
A full loan balance is a liability to the signatories as a group or from each of them individually, with enough free assets to satisfy the lender’s claim. The lender may sue
Debt claim subordinate to a prior or senior claim. A senior claim of debt is cleared in a debtor’s asset liquidation before any subordinate debt claim is paid. Also known as subordinated
Protecting rights and punishing wrongs using fairness. It is possible to have unjust laws, even with fair and proper administration of the law of the land as a way for all legal