- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A proxy or ballot that withholds its votes from one or more, but not all, individuals on the slate of nominated directors.
Industry:Financial services
In the context of corporate governance, Directors' Duties refers to stated responsibilities of the companys Board of Directors. These provisions allow directors to consider constituencies other than shareholders when considering a merger. These constituencies may include, for example, employees, host communities, or suppliers. This provision provides boards of directors with legal basis for rejecting a takeover that would have been beneficial to shareholders. A majority of states have Directors Duties Laws.
Industry:Financial services
A riskless arbitrage in which a discount option is purchased and an opposite position is taken in the underlying security. The arbitrageur may either buy a call at a discount and simultaneously sell the underlying security (basic call arbitrage) or maybuy a put at a discount and simultaneously buy the underlying security (basic put arbitrage). See also Discount.
Industry:Financial services
Future cash flows multiplied by discount factors to obtain present values.
Industry:Financial services
A formula to estimate the intrinsic value of a firm by figuring the present value of all expected future dividends.
Industry:Financial services
Unannounced information that is widely accepted or anticipated, and hence is already taken into account in the pricing of the security/ market (e.g., poor earnings).
Industry:Financial services
A commercial bank or financial institution that disburses dividend to the securityholders. Usually a Transfer Agent is also the Dividend Disbursing Agent.
Industry:Financial services
A method to value the common stock of a company that is based on the present value of the expected future dividends.
Industry:Financial services
Automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. Dividend reinvestment plans allow shareholders to accumulate stock over the long term using dollar cost averaging. The DRP is usually administered by the company without charges to the holder.
Industry:Financial services
Used for listed equity securities. Method of buying and selling stocks around their ex-dividend dates so as to collect the dividend (which is 80% tax-exempt) offset by a fully-taxable capital loss. Predicated on the 80% current exemption that some corporations receive on dividend income.
Industry:Financial services
