Tag: business
Easement
What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...
Eating Stock
What is 'Eating Stock' The forced purchase of a security when there are insufficient buyers. Eating stock often applies to underwriters of...
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...
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...
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...
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...
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...
Target Firm
What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. 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...
Takeover
What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...