PARIS CLUB MEETING
When a debtor and creditor meet to avoid default.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When a debtor and creditor meet to avoid default.
Stocks sold at less than one dollar. They are sold by companies in financial trouble, new companies, and ones removed from a larger market. The sales are recorded on a pink sheet.
A takeover prevention strategy that makes stock look bad to the interested buyer. Refer to chewable, flipin, and flipover pill.
A percent of new issue held by the manager to offer to the institutions investors.
The time a company is preparing to file for bankruptcy. Directors try to preserve value as the creditors will paid first.
A questionable practice of downplaying negative business traits and overemphasizing the positive ones.
A contract allowing the buyer to sell an asset back at strike price. This occurs at or before the maturity date. They are written based on a broad range of commodity and
A note that gives an investor better coupon rates than a RFN. If the interest rates fall short of an agreed to range the interest is lost for a period of time
In the US the registration of a new issue filed by a company to the securities and exchange commission.There are not details in this report and it must be updated often as
A sum of retained or restricted surplus placed in an account that can only be used to pay in the event that the investor has arrears from a breach of covenant or
A trade between two parties of a fixed interest rate with a floating interest rate where there is an increase in the notional principal as the result of an increase in the
A firms ability to identify their financial resources, expertise, and operating mandate to determine how much risk they are able to take.
The basic concept of the payment of a premium by someone who is unable to withstand a loss to a firm who agrees according to the terms of the policy to cover
An unexpected offer of tender to suddenly takeover a company rapidly. Refer to dawn raid and premium raid.
The buyback of stock to increase the treasury stock contra account reducing equity on the open market by a company that sporadically has additional funds.
A corporate executive officer responsible for identifying the duties of the board of directors within the single board system in Japan.
A corporation that is overseen by one board of directors consisting of 10 to 30 members guided by a chairman (possibly the CEO) who are nominated by internal sources and elected at
The market maker in the stock exchange. They manage and balance the market at all times. They are sometimes even a dealer.
An extra charge placed on certain legal documents by purchasing a stamp to be placed on said document.
When a firm is long on one put and two call options with equal strike prices creating a spread to make use of market volatility to secure unlimited profit potential with minimal