GREENMAIL
Antitakeover tactic when an unfriendly company obtains a controlling interest by acquiring a huge block of stock. The term applies to mergers and acquisitions, and pertains to the money paid by the target firm to another firm called corporate raider. Greenmail payment is made in its endeavor to stop the takeover bid. The target firm is forced to repurchase the stock at a premium to block the takeover. Also called on voyage bonus or goodbye kiss.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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| 03:45 | Markit Final Manufacturing PMI | Nov | |
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| 10:15 | PMI Manufacturing | Nov | |
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