ASSOCIATE COMPANY
A corporation whose parent company holds only a minority stake at the corporation's ownership. An associate company is partially owned by a group of companies or another company. The parent companies or company do not consolidate with the financial statements of the associate company. The parent company usually owns 20-50% of the voting shares; if in case the shares owned by the parent company exceeds 50%, it creates a subsidiary ( wherein the parent company consolidates the financial statements). Normally, the parent company records the value of the associate company as an assets in its balance sheet. Also referred as Associate.
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Accumulation Area
A price where the investors purchase shares of a particular stock. It is usually determined by the looks of the volume and its price. Some analysts ...
SEC Form DEF13E3
SEC Form DEF13E3 is a form which is used as an initial preliminary statement for a company or affiliate that is turning private. “Going priva ...
Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
A document that gives information on the earned income credit (EIC) offered to individuals who earn below $51,567. To be eligible to receive EIC, a ...
Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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