Share - Law Dictionary Search Results
supermajority
supermajority : a large majority [a provision requiring a vote - say, 80 % of the common shares instead of the usual bare majority rule "R. C. Clark"]
redeem
1 a : repurchase b : to repurchase by right and not on the open market [ preferred shares] 2 a : to free from a lien or pledge usually by payment of the amount secured thereby
repurchase
repurchase -chased -chas·ing : to buy back [ shares of stock] n : the act or an instance of purchasing something again or back ;specif : a
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round lot
round lot : the standard unit of trading in a security market usually amounting to 100 shares of stock compare odd lot
savings and loan association
and loan association : a cooperative association organized to hold savings of members in the form of dividend-bearing shares and to invest chiefly in home mortgage loans
split
to vote for candidates of different parties c : to divide (stock) by issuing a larger number of shares to existing shareholders usually without increase in total par value see also stock split d : to divide
squeezeout
(as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale
stockholders' equity
the sum of proceeds from the issuance of stock and retained earnings less amounts paid to repurchase common shares. Source: U.S. Department of Housing and Urban Development
summary distribution
filing of an inventory showing assets sufficient only to pay superior claims (as to family members claiming statutory shares) compare collection by affidavit
tenants in common
tenants in common A tenancy by two or more persons, in divided shares. At the death of one tenant, the property passes to his/her estate. Source: FindLaw
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