Takeover

What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...

War Chest

DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...

Target Firm

What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. A...

Keogh Plan

DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...

National Quotation Bureau (NQB)

What is 'National Quotation Bureau - NQB' A company established in 1913 to compile and publish price information on stocks and bonds...

VIX

VIX is a ticker symbol of the Chicago Board Exchange Volatility Index (CBOE). The index represents the expectation of the market volatility in next...
obligor

Obligor

What is an obligor An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...

CAC 40

DefinitionThe CAC 40 is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant values among the...

C. Steven McMillan

DefinitionC. Steven McMillan is an American businessman. He served as Chief Executive Officer of the Sara Lee Corporation from 2000 to 2005. C. Steven...

AAAA Spot Contract

What is 'AAAA Spot Contract' A standardized contract drawn up by the American Association of Advertising Agencies that governs the purchase of...