Business

As part of the same deal, a tranche is one of a variety of linked securities offered. It allows investors to invest with comparable risks…

Securities that are secured by a pool of loans are collateralized loan obligations (CLO). Securitization is called the method of pooling assets into marketable security.…

Salvage Salvage is the act of salvaging things from somewhere such as a damaged ship or building. It means to save something valuable from damage,…

A line of credit (LOC) is a preset cap for borrowing that can be used at any time. In fact, LOC is a convenient and…

The term collateral is an asset or property that is provided as protection for a loan by a person or organization to a lender. The…

Sales Emporium An emporium is a large store that sells a variety of merchandise. Sales Emporium is a large retail store, esp. one selling a…

A takeover bid refers to the acquisition by another business (the acquirer) of a firm (the target). The business that makes the offer is known…

When an individual tries to gain ownership of a publicly traded corporation without the permission or approval of the board of directors of the target…

A hostile takeover is when one corporation acquires another against the wishes of the board and/or management of the target company. The distinction between a…

Royalty is a sum paid to a patentee for the use of a patent or to an author or composer for each copy of a…

Non-Redeemable Preference Shares are a type of preferred stock shares that do not include a callable feature. These shares are referred to as shares that…

Redeemable Shares are Such preference shares that can be claimed after a fixed period or after giving due notice. Redeemable preference shares are referred to…