Tender offer is a public offer to buy shares of a corporation, usually at above market price and with the intention of gaining controlling interest in the target corporation. An acquirer making a tender offer for more than 5% of a corporation...
corporations
transfer agent
A transfer agent is an agent, usually a commercial bank or trust company, appointed by a corporation to keep legal records of all the corporation's stockholders. The transfer agent updates these records when stock is transferred, issued or...
treasury stock
Treasury stock is a type of stock that has been reacquired by the issuing corporation. While held by the issuer, the stock is considered issued but not outstanding, and is not considered in measuring the value of outstanding common shares....
unissued stock
Unissued stock is the stock that has been authorized for use in the company’s charter but that the company has not sold (issued) either to the shareholders or other investors in the market.
Unissued stock does not accumulate...
Volcker Rule
The Volcker Rule refers to a broad set of rules adopted under Dodd-Frank Title VI that attempts to reduce risk within banking institutions, stemming from mixing investment banking and commercial banking. The Volcker Rule consists of two major...
voting trust
A trust formed when individual shareholders transfer both the legal title and voting rights in their shares to a trustee. The trustee then controls a unified voting block - with a stronger voice on matters of corporate governance than the individual...
winding up
The settlement of debts and liquidation of assets, done with the goal of dissolving a partnership or corporation.
See: dissolution of corporation.
winding up a corporation
The process of dissolving a corporation or settling the affairs of a dissolved corporation. Winding up a corporation generally takes place when a corporation decides to end a business or declares bankruptcy. Winding up involves the settling...
withdrawal of a corporation
Withdrawal of a corporation, also referred to as dissolution of a corporation, is the termination of a corporate entity. The procedure could be conducted voluntarily or involuntarily. Ending a corporation becomes more complex with more owners...