Transfer Agent :Transfer Agent. N. A person or company that oversees the sale of shares of publicly traded corporations and keeps records on shareholders.
Reorganize :Reorganize. V. To organize something differently; to change the structure of a corporation or other enterprise, such as when two corporations merge or a corporation changes its capitalization.. N. reorganization.
Sarbanes-Oxley Act :Sarbanes-Oxley Act. N. A federal law passed in 2002 that increased auditing and reporting requirements for corporations. . ABBRV. Sarbox, SOX.
Secretary Of State :Secretary Of State. N. (1) The head of the State Department of the United States, top-ranking officer in the Cabinet, responsible for advising the president on matters of foreign policy. (2) An officer in a state who supervises state business affairs and licenses corporations.
Consolidation Of Corporations Definition – Consolidation Of Corporations Defined – Legal Terminology
Consolidation Of Corporations :Consolidation Of Corporations. N. Combining two or more corporations by destroying them and creating a new corporation with the assets and liabilities of the now nonexistent ones. See also merger.
Extramural :Extramural. Adj. Outside the walls, boundaries, or limits of an institution or business; in corporations, outside the limits of corporate power. See also intramural.
Insider :Insider. N. In securities and corporations, someone who has access to information about a business that is not available to the general public, such as corporate directors, officers, and major stockholders; insiders are not allowed to buy and sell stocks in such a way as to take advantage of their privileged position and use [...]
Interlocking Directors :Interlocking Directors. N. People who serve on the boards of directors of two or more corporations simultaneously, resulting in a situation called an interlocking directorate, which can be used to restrict competition and is often illegal under antitrust law.
Merger :Merger. N. (1) The combination of two or more entities, rights, or other things into a single whole, especially the absorption of the minor entities, rights, or things into the largest of them. (2) The combining of two or more corporations into one, with one of them absorbing the others into itself. (3) The [...]
Cartel :Cartel. N. A coalition of independent producers, usually industrial corporations, who band together to set prices and restrict competition. See also monopoly.