BROWSE

Macaroni Defense

What is 'Macaroni Defense'

An approach taken by a company that does not want to be taken over. The company issues a large number of bonds with the condition they must be redeemed at a high price if the company is taken over.

Explaining 'Macaroni Defense'

Why is it called Macaroni Defense? Because if a company is in danger, the redemption price of the bonds expands like Macaroni in a pot!


Further Reading


E. Banks, The Palgrave Macmillan Dictionary of Finance, Investment and Banking© Erik Banks 2010
link.springer.com [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …

Guns into butter, Soviet styleGuns into butter, Soviet style
www.tandfonline.com [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …

The Macaroni parson and the Marvellous boy: The Macaroni parson and the Marvellous boy:
www.tandfonline.com [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …

The Masonic Moment; Or, Ritual, Replica, and Credit: John Wilkes, the Macaroni Parson, and the Making of the Middle-Class MindThe Masonic Moment; Or, Ritual, Replica, and Credit: John Wilkes, the Macaroni Parson, and the Making of the Middle-Class Mind
www.jstor.org [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …

Regional adaptation to economic crisis in Russia: The case of Novgorod oblastRegional adaptation to economic crisis in Russia: The case of Novgorod oblast
rsa.tandfonline.com [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …

Defense Economic Impact Modeling System (DEIMS). A New Concept in Economic Forecasting for Defense Expenditures.Defense Economic Impact Modeling System (DEIMS). A New Concept in Economic Forecasting for Defense Expenditures.
eric.ed.gov [PDF]
MAINTENANCE MARGIN (1) The minimum MARGIN each party to an EXCHANGE-TRADED DERIVATIVE transaction must preserve, generally an amount that is somewhat less than the INITIAL MARGIN. Once the maintenance margin level has been breached, VARIATION …