securities

absolute-bar rule

The absolute bar rule prohibits a creditor who disposes of collateral in a commercially unreasonable manner from obtaining a deficiency judgment.

For example:

§ 9-610 of the Uniform Commercial Code (UCC) codifies the...

accelerated filer

Accelerated filer is a class of reporting company which has shorter deadlines to file their periodic reports.

Securities and Exchange Commission (SEC) Rule 12b-2 establishes the requirements that a company must satisfy to...

accession

Accession is prominent in two legal practice areas; trusts and estates, and secured transactions.

Accession in trusts and estates law are assets produced by a devised asset after the execution of a will. For example, ordinary...

accredited investor

Under federal law, an accredited investor is a special kind of investor that due to certain special circumstances or qualities - as the ones indicated in Rule 501 of Regulation D - is allowed to purchase or be offered to purchase unregistered...

accumulated earnings

Accumulated earnings represent a company’s net profit after having distributed dividends to the stockholders. It is often used in accounting to determine how much net profits a company has left after having paid dividends. To calculate...

adverse domination

The doctrine of adverse domination allows the statute of limitations on a claim for breach of fiduciary duty against directors and officers of a corporation to be tolled until the corporation is no longer controlled by the alleged wrongdoers. This...

alter ego

Alter ego is a legal doctrine whereby the court finds that a corporation lacks a separate identity from an individual or corporate shareholder. The court applies this rule to ignore the corporate status of a group of stockholders, officers,...

angel investor

An angel investor is an individual investor—often a high net worth individual—who provides capital for emerging growth companies, typically in exchange for either ownership equity or convertible debt. Angel investments often represent the...

anti-greenmail provision

An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.

Greenmail payments refer to payments made by a corporation to buy out the...

appraisal

An appraisal is the process by which the value of an item or property is determined. This is necessary in a variety of contexts. One common instance is in the purchase, sale or refinancing of homes or other real estate. Appraisals are also...

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