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Corporation - Law Dictionary Search Results

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creditor

claim is known or should be known by a debtor and who is entitled to notice of a corporate dissolution or of a date at which claims will be barred (as in bankruptcy) lien creditor : a

deadlock

to agree on a verdict see also allen charge b : impasse c : a state in which corporate directors are unable to perform their functions because of shareholder voting deadlock vb

franchise tax

franchise tax : a business tax imposed upon various corporations granted a franchise

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discount share

discount share : a share of corporate stock issued at less than par value

divestiture

2 : the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible

domestic

within a country or state and esp. one's own country or state [the state has personal jurisdiction over corporations] compare foreign, municipal

due diligence

party (as an accounting or law firm) on behalf of a party contemplating a business transaction (as a corporate acquisition or merger, loan of finances, or esp. purchase of securities) for the purpose of providing information with

equitable subordination

has an unfair advantage over other creditors because of improper conduct or an advantageous position (as of a corporate insider)

estimated tax

estimated tax : a tax paid usually quarterly by certain entities (as corporations or trusts) or individuals on income that is not subject to withholding NOTE: A declaration of estimated tax

fact

person under the circumstances in making an investment decision (as in purchasing a security or voting for a corporate officer or action) mediate fact : evidentiary fact in this entry predicate fact : evidentiary fact in this

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