NEWCO
Any new company, especially one issuing an initial public offer (IPO), for example.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Any new company, especially one issuing an initial public offer (IPO), for example.
A point of causal intersection, link, relation, connection.
Inert gas. 78 percent of the Earth’s atmosphere by volume and about 77 percent by weight is nitrogen. Colorless, odorless, tasteless, and non-toxic, it maintains at these levels by the nitrogen cycle.
Inability to obtain a judgment against, or reimbursement from, a defaulting or opposing party. This notation indicates a lack of means or legal right.
Period-ending at near-zero balanced revenue or expense account as an owners’ equity account subdivision. A zero balance at the beginning of a new accounting period, accumulates balances during the period, and at
A loan whose collateral is securites. The margin rule is not used to acquire more securities.
Without adjusting or establishing causal factors, using the last period’s actuals to estimate this period’s forecast by this unremarkable technique. Used only to compare against forecasts generated by better, more sophisticated techniques.
Major US over-the-counter (OTC) electronic stockmarket owned by National Association of Securities Dealers (NASD). This market now includes American Stock Exchange (AMEX) and Philadelphia Stock Exchange (PHLX), and operates London-based NASDAQ International
Distance measuring exactly 1852 meters or 6076.11 feet. One nautical mile equals 1.15 miles or 1.85 kilometers. By a 1920 international agreement, it replaced the British Nautical mile (6080 feet) and US
Callable bonds’ principal is returned (1) before maturation in a declining interest rate environment or (2) after maturation in a rising interest rate environment. The first situation may require reinvesting the principal
Up-to-date asset value is less than up-to-date liability value.
Invoice payment terms. 10 days within the invoice date, the net amount is due on a net 10. Net 30 is within 30 days, and so on.
Calculated as: In a specific time period, total premiums paid minus the total cash value minus any policy dividends generated. Insurers make comparisons of net cost every ten or 20 years if
Working capital’s efficient use measured. Calculated as: Net income divided by Working capital.
Gross national product (GNP) minus capital consumption allowances.
Premium amount minus appointed dividends. This term also refers to the non-participating policy rate found in a rate book.
Recognized revenue amount in a company’s preferred stock holdings. The revenue amount is based on how much calculated profit over a company share count holdings.
Computer network design. Mapping hardware, software, protocols, and devices. Outcome is successfully allowing different systems and devices to inter-communicate.
Under the Nixon administration, this new plan transferred back to the state level some powers previously held by the federal government. Some powers were removed from the state level under Franklin Roosevelt’s
The insured must notify the insurer about a newly purchased vehicle within 30 days from purchase date. Some coverage automatically activates under the policy for vehicles purchased during the term of the
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