VORSTAND
A german corporation’s management board. Refer to aufsichtsrat.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A german corporation’s management board. Refer to aufsichtsrat.
A friendly company that takes partial control of a company. Refer to black, gray, and white knights.
A company that is insolvent but continues to operate. This is done before restructuring or a bail out occur.
A future contract exchanged in reference to a specific index sector, benchmark equity index, or equity basket. This is also called a commodity, currency, or interest rate future.
An offer between dealers that exclude brokers.
A credit risk method introduced in 2004. It allows the bank to use its own method.
Two or more owners having property in their names.
Stock (shares) classified as subordinate to others issued. Distribution of rights issue, dividend payment, and capital repayment must occur to the superior issues before the subordinate issues are satisfied. Also refer to
Documented contracting statement detailing why a noncompetitive contract award instead of open competition was selected.
User authentication scheme for Open source (non-proprietary) and public domain (free). A client-server environment’s network security system. Named after Greek mythology’s fierce three-headed guard dog. At user login and every service request,
Typically employed in managerial or supervisory level employee training. Determining the level of performance required, time taken, quality of outcome, and total job or project quality by the study of a set
While being overcome in a hostile bidding war, a company receives a saving grace.
Concepts, data, objectives, requirements, rules, and specifications as an organized knowledge repository. Typically this is a computer system, less often, an organization. It can be (1) a retrieval either as an expert
Identifying information on packaging about its contents, on a container holding several packages, or the product itself. Relevant safety and shipping laws govern the type and quantity of information that must exist
Prima facie evidence of land ownership. Similar to a deed for unregistered land. Document of title issued by a government’s land registry agency for registered free-hold or lease-hold land.
Claims over a specified amount are placed in a pool to help curb fluctuations in premium amounts for smaller groups, as the pool is made up of claims charged by several smaller-sized
When clients enter mutual funds after the market is closed. This is illegal.
A product’s demand by a consumer declines with each additional unit acquired or consumed. A perceived, psychological generalization on the value of, or satisfaction gained.
Two or more trusts in sequence where each sequential trust is the beneficiary of the prior trust.
An entity, typically, a person, that provides direction to those who follow. Often holds a dominant or superior position within a specific field. Exerts a high degree of control or influence over
This site 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.