blank check preferred stock

blank check preferred stock
This is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeovers by placement of this stock with friendly investors. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • blank-check preferred stock — USA Authorized and unissued preferred stock, the terms and conditions of which may be expressly determined by a corporation s board of directors. To create blank check preferred stock, a corporation must amend its certificate of incorporation to …   Law dictionary

  • Blank Check Preferred Stock — A method companies use to simplify the process of creating new classes of preferred stock to raise additional funds from sophisticated investors without obtaining separate shareholder approval. To do this a company must amend its articles of… …   Investment dictionary

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • Cheque — A Canadian cheque …   Wikipedia

  • Comparison of United States presidential candidates, 2008 — This article compares the presidential candidates in the United States 2008 presidential election. It does not cover previous elections. Because of ballot access restrictions in the United States, not all candidates appeared on the ballots in all …   Wikipedia

  • Military Chaplain — A military chaplain is a chaplain that ministers to members of the military.NominationChaplains are nominated in different ways in different countries. A military chaplain can be an army trained soldier with additional theological training or a… …   Wikipedia

  • Military chaplain — Catholic Mass in an Austrian military hospital, 1916. A military chaplain is a chaplain who ministers to soldiers, sailors, airmen, marines and other members of the military. In many countries, chaplains also minister to the family members of… …   Wikipedia

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”