WAR CHEST
Cash held for the purpose of overtaking another company. Or funds held to prevent hostile takeover.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Cash held for the purpose of overtaking another company. Or funds held to prevent hostile takeover.
The promise to perform agreed to financial obligations. If the party feels mistreated they may choose not to. Refer to ability to perform.
A long term option issued as a private instrument with a bond. This lowers funding costs. Refer to exwarrant, covered warrant, and bond with warrant.
Changing the appearance on financial statements to make a company look better. It is ethically questionable.
Stock of a company whose assets are overvalued. The price does not accurately represent the companies position.
When only a oneway quote is available for a security.
A holder of a derivative contract that plans to close out before maturity. Retail investors are commonly weak hands. Refer to strong hands.
The shortterm operating resources of a company. Refer to loan, gross working and net working capital.
When weather risks cause securitization. These risks can be temperature or percipitation. This is not the result of a catastrophe. Repayment stops when loss causing weather damages crops. Refer to catastrophe bond,
An organization created in 1994 that is supranational. It regulates trade of goods and services.
The process of comparing value to variable changes in the market. Part of the markov process. It is used in pricing options.
Waifs are goods found, but claimed by nobody; that of which every one waives the claim. Also, goods stolen and waived, or thrown away by the thief in his flight, for fear
Beads made of shells, used as money by the North American Indians, and which continued current in New York as late as 1093.
under the old practice of the English court of probate, was a notice given by a registrar of the principal registry to a person who had entered a caveat, warning him, within
A term in English law for a place in which birds, fishes, or wild beasts arekept.A franchise or privilege, either by prescription or grant from the king, to keep beastsand fowls of
A mark indicating the highest point to which water rises, or thelowest point to which it sinks.
In English law. A duty or toll paid for weighing merchandise. It is called”tronage” for weighing wool at the king’s beam, or “pesagc” for weighing otheravoirdupois goods. 2 Chit Com. Law, 10.
1226
In English law. Rents paid in silver, and called “white rents,” or”redditus albi,” to distinguish them from rents payable in corn, labor, provisions, etc.,called “black-rent” or “black-mail.”
The state or condition of being a widow. An estate is sometimessettled upon a woman “during widowhood,” which is expressed in Latin, “durante viduitate.”