bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond.
debenture :: n. a form of bond certificate issued by a corporat ... n shares of stock or general bonds.
shareholder :: n. the owner of one or more shares of stock in a c ... : corporation shareholders' meeting
securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock
stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock
stock :: 1) n. inventory (goods) of a business meant for sa ... siness. See also: share shareholder
share :: n. 1) a portion of a benefit from a trust, estate, ... n issue of the corporation's stock.
unissued stock :: n. a corporation's shares of stock which are autho ... poration share stock treasury stock
share and share alike :: adj. referring to the equal division of a benefit ... among the three surviving nephews.
stock option :: n. the right to purchase stock in the future at a ... hares. See also: option share stock
no-par stock :: n. shares in a corporation which are issued withou ... re stated on the stock certificate.
preferred stock :: n. a class of shares of stock in a corporation whi ... on stock corporation dividend stock
treasury stock :: n. stock of a private corporation which was issued ... be entitled. See also: share stock
watered stock :: n. shares of stock of a corporation which have bee ... . See also: corporation share stock
common stock :: n. stock in a corporation in which dividends (payo ... oration preferred stock share stock
promotional stock :: n. stock issued in a newly formed corporation and ... assets or money. See also: promoter
capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock
underwrite :: v. 1) to agree to pay an obligation which may aris ... antee guarantor insurer underwriter
treasury bond :: n. a long-term bond issued by the U.S. Treasury. S ... e also: treasury bill treasury note
stockholders' derivative action :: n. See also: derivative action shareholders' deriv ... ion shareholders' derivative action
peace bond :: n. a bond required as part of a court order to gua ... ee also: injunction stay away order
stockholder :: n. shareholder in a corporation. See also: shareho ... corporation. See also: shareholder
issue :: 1) n. a person's children or other lineal descenda ... the body incorporation share stock
shareholders' meeting :: n. a meeting, usually annual, of all shareholders ... ctors corporation proxy shareholder
shareholders' derivative action :: n. a lawsuit by a corporation's shareholders, theo ... gement. See also: derivative action
bail bond :: n. a bond provided by an insurance company through ... urned. See also: bail bail bondsman
bondsman :: n. 1) someone who sells bail bonds. 2) a surety (g ... also: bail bond bail bondsman bond
shareholders' agreement :: n. an employment agreement among the shareholders ... re only three or four shareholders.
bail bondsman :: n. a professional agent for an insurance company w ... t to jail. See also: bail bail bond
pierce the corporate veil :: v. to prove that a corporation exists merely as a ... ling with it. See also: corporation
transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock
churning :: n. the unethical and usually illegal practice of e ... f obtaining high sales commissions.
cease and desist order :: n. an order of a court or government agency to a p ... ing which would damage the ecology.
book value :: n. a determination of the value of a corporation's ... ssets may be under- or over-valued.
preemptive right :: n. the right of a shareholder in a corporation to ... also: corporation shareholder stock
call :: n. the demand by a corporation that a stockholder ... assessment on shares already owned.
ultra vires :: (uhl-trah veye-rehz) adj. Latin for "beyond powers ... it is issued. See also: corporation
promoter :: n. a person who puts together a business, particul ... y effort and not by assets or cash.
proxy :: n. 1) someone who is authorized to serve in one's ... d members and convention delegates.
derivative action :: n. a lawsuit brought by a corporation shareholder ... on director shareholder stockholder
reorganization :: n. the implementation of a business plan to restru ... also: bankruptcy corporation merger
self-dealing :: n. in the stock market, using secret "inside" info ... ederal Securities and Exchange Act.
dividend :: n. a portion of profit, usually based on the numbe ... . See also: corporation shareholder
registration statement :: n. a detailed report to be filed with the Securiti ... See also: blue sky laws prospectus
limited liability :: n. the maximum amount a person participating in a ... ted damages partnership shareholder
face value :: n. in shares of stock, the original cost of the st ... on the certificate, or "par value."
meeting of the minds :: n. when two parties to an agreement (contract) bot ... eant his cattle. See also: contract
limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership
corporation :: n. an organization formed with state governmental ... ation public corporation securities
prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock
voting trust :: n. a trust which solicits vote proxies of sharehol ... ation proxy shareholder stockholder
letters of administration :: n. a document issued by the court clerk which stat ... estate. See also: executor probate
letters testamentary :: n. a document issued by the court clerk which stat ... te. See also: administrator probate
par :: n. 1) an equal level. 2) the face value of a stock ... common stock preferred stock stock
insider trading :: n. the use of confidential information about a bus ... o catch insiders. See also: insider
insider :: n. someone who has a position in a business or sto ... ange Act. See also: insider trading
stock in trade :: n. the inventory of merchandise held for sale. ... ntory of merchandise held for sale.
blue sky laws :: n. laws intended to protect the public from purcha ... e sky." See also: corporation stock
in kind :: adj. referring to payment, distribution or substit ... . See also: distribution trust will
subscribe :: v. 1) to sign at the end of a document. The courts ... r periodical magazine or newspaper.
forgery :: n. 1) the crime of creating a false document, alte ... See also: counterfeit forger fraud
articles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporation
preferred dividend :: n. a payment of a corporation's profits to holders ... of stock. See also: preferred stock
American Depository Receipt :: n. called in the banking trade an ADR, it is a rec ... ding the foreign shares themselves.
robbery :: n. 1) the direct taking of property (including mon ... We've been robbed." See also: theft
malum prohibitum :: (mal-uhm prohibit-uhm) adj. Latin meaning "wrong d ... lso: malum in se white collar crime
passive :: adj. referring to being inactive. A "passive trust ... ment and interest on bank accounts.
incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock
income :: n. money, goods or other economic benefit received ... ernment and most state governments.
quorum :: n. the number of people required to be present bef ... ly set by statute. See also: bylaws
intangible property :: n. items such as stock in a company which represen ... t are not actual, tangible objects.
promissory estoppel :: n. a false statement treated as a promise by a cou ... lue of his work. See also: estoppel
survivorship :: n. the right to receive full title or ownership du ... onvenience. See also: joint tenancy
pretermitted heir :: n. the child of a person who has written a will in ... cified $10,000 each. See also: heir
white collar crime :: n. a generic term for crimes involving commercial ... committed by "blue collar" workers.
primogeniture :: n. from Latin for "first born," the ancient rule f ... oes not exist in the United States.
private carrier :: n. one who provides transportation or delivery of ... also: common carrier guest statute
holding company :: n. a company, usually a corporation, which is crea ... gement and policies of all of them.
pro rata :: (proh rat-ah or proh ray-tah) adj. from Latin for ... e year in which he/she holds title.
private road :: n. a road or driveway on privately owned property, ... ng. See also: prescriptive easement
subchapter S corporation :: n. the choice by a small corporation to be treated ... ing attorney. See also: corporation
register :: n. in corporations, the record of shareholders, an ... corporation. See also: corporation
triple net lease :: n. a lease in which the lessee's (tenant's) rent i ... ers and malls. See also: lease rent
bylaws :: n. the written rules for conduct of a corporation, ... d/or amended. See also: corporation
capital :: 1) n. from Latin for caput, meaning "head," the ba ... count capital assets stock in trade
bribery :: n. the crime of giving or taking money or some oth ... s which are against company policy.
broker :: n. in general, a person who arranges contracts bet ... security ("hocked") at high rates.
bulk sale :: n. the sale of all or a large part of a merchant's ... entories. See also: bulk sales acts
third-party beneficiary :: n. a person who is not a party to a contract but h ... tract as a third-party beneficiary.
buy-sell agreement :: n. a contract among the owners of a business which ... older's interest in the enterprise.
boiler room :: n. a telephone bank operation in which fast-talkin ... and in violation of security laws.
winding up :: n. liquidating the assets of a corporation or part ... ration cy pres doctrine partnership
fiduciary :: 1) n. from the Latin fiducia, meaning "trust," a p ... lation fiduciary relationship trust
guardian :: n. a person who has been appointed by a judge to t ... torship. See also: conservator ward
bucket shop :: n. an unofficial and usually illegal betting opera ... the stock and commodities markets.
exemplary damages :: n. often called punitive damages, these are damage ... See also: damages punitive damages
corporate opportunity :: n. a business opportunity which becomes known to a ... ative action fiduciary relationship
clerk :: n. 1) an official or employee who handles the busi ... stocking shelves, or counter sales.
confidential relation :: n. a relationship in which one person has confiden ... remely obvious. See also: fiduciary
records :: n. in business, particularly corporations, all the ... s to the "records" of the business.
judgment creditor :: n. the winning plaintiff in a lawsuit to whom the ... 's rights judgment prevailing party
stay away order :: n. a court order that a person may not come near a ... also: peace bond restraining order
surety :: n. a guarantor of payment or performance if anothe ... or entity. See also: bond guarantor
jump bail :: v. to fail to appear for a court appearance after ... also: bail bail bond bail bondsman
intestacy :: n. the condition of having died without a valid wi ... e. See also: intestate probate will
holder :: n. a general term for anyone in possession of prop ... older in due course promissory note
instrument :: n. 1) a written legal document such as a contract, ... in an assault (a blunt instrument).
treasury bill :: n. a promissory note issued in multiples of $10,00 ... e also: treasury bond treasury note
treasury note :: n. a promissory note issued by the U.S. Treasury, ... e also: treasury bill treasury bond
beneficial interest :: n. the right of a party to some profit, distributi ... benefits. See also: contract trust
board of directors :: n. the policy managers of a corporation or organiz ... he expertise. See also: corporation
bankruptcy proceedings :: n. the bankruptcy procedure is: a) filing a petiti ... ankruptcy court claim in bankruptcy
aliquot :: (al-ee-kwoh) adj. a definite fractional share, us ... trust assets. See also: share
accomplice :: n. someone who assists in the commission of a crim ... cipal criminal. See also: accessory
accretion :: n. 1) in real estate, the increase of the actual l ... cted event. See also: probate trust
habeas corpus :: (hay-bee-us core-puss) n. Latin for "you have the ... nality of a state court conviction.
defeasance :: n. an antiquated word for a document which termina ... d or contract if some event occurs.
bailment :: n. 1) the act of placing property in the custody a ... "bailment." See also: bailee bailor
bank :: n. 1) an officially chartered institution empowere ... erred to as "in bank" or "en banc."
bailee :: n. a person, also called a custodian, with whom so ... he goods. See also: bailment bailor
bail :: 1) n. the money or bond put up to secure the relea ... bond bail bondsman own recognizance
admission to bail :: n. an order of a court in a criminal case allowing ... lient. See also: bail bail bondsman
attachment :: n. the seizing of money or property prior to getti ... bond. See also: writ of attachment
bearer :: n. anyone holding something, such as a check, prom ... bearer paper negotiable instrument
bearer paper :: n. negotiable instrument (e.g. a bond) which is pa ... sion (the bearer). See also: bearer
constructive :: adj. a legal fiction for treating a situation as i ... ctive possession constructive trust
counterfeit :: 1) adj. describing a document, particularly money, ... d for real. See also: forgery utter
breach of contract :: n. failing to perform any term of a contract, writ ... breach breach specific performance
bottomry :: n. a mortgage contract in which a ship and/or its ... n sell the ship and/or its freight.
BFP :: n. slang for bona fide purchaser, which means some ... ner). See also: bona fide purchaser
bona fide purchaser :: n. commonly called BFP in legal and banking circle ... See also: BFP holder in due course
cartel :: n. 1) an arrangement among supposedly independent ... Colombia. See also: antitrust laws
class :: n. in legal (not sociological) terms, all those pe ... nt is given. See also: class action
merger :: n. 1) in corporate law, the joining together of tw ... and taking one, and wife the other.
minutes :: n. 1) the written record of meetings, particularly ... court reporter if recorded at all.
liquidate :: v. to sell the assets of a business, paying bills ... other investors. See also: wind up
administrator :: n. the person appointed by the court to handle the ... e also: administer executor probate
joint custody :: n. in divorce actions, a decision by the court (of ... em. See also: child custody divorce
joint venture :: n. an enterprise entered into by two or more peopl ... s terminated. See also: partnership
natural law :: n. 1) standards of conduct derived from traditiona ... eated by mankind through the state.
non-profit corporation :: n. an organization incorporated under state laws a ... harity corporation cy pres doctrine
per stirpes :: (purr stir-peas) adj. Latin for "by roots," by rep ... descent and distribution trust will
power of appointment :: n. the right to leave property by will, transfer, ... death of the person with the power.
party wall :: n. a wall shared by two adjoining premises which i ... the property of one of the parties.
partnership :: n. a business enterprise entered into for profit w ... partnership partner silent partner
participate :: v. to invest and then receive a part or share, as ... he estate of a person who has died.
partner :: n. 1) one of the co-owners and investors in a "par ... ner limited partnership partnership
joint and several :: adj. referring to a debt or a judgment for neglige ... ution contributory negligence joint
joint :: adj., adv. referring to property, rights or obliga ... ncy joint venture tenancy in common
cooperative :: n. an association of individual businesses, farmer ... exes. See also: cooperative housing
cooperative housing :: n. an arrangement in which an association or corpo ... common area condominium cooperative
contribution :: n. 1) donation to a charity or political campaign. ... f $3,000 from each of his partners.
common area :: n. in condominium and some cooperative housing pro ... tage of total store space occupied.
close corporation :: n. a corporation which is permitted by state law t ... mily members. See also: corporation
coinsurance :: n. an insurance policy in which the insurance comp ... e insurance company share the risk.
cosign :: v. to sign a promissory note or other obligation i ... share liability for the obligation.
cumulative voting :: n. in corporations, a system of voting by sharehol ... eholders with 1,001 or more shares.
hotchpot :: n. the putting together, blending or mixing of var ... t in the hotchpot and then divided.
inter se :: (in-tur say)prep. Latin for "among themselves," me ... or only to the trustees as a group.
heir apparent :: n. the person who is expected to receive a share o ... isinherited by will. See also: heir
general partner :: n. 1) usually one of the owners and operators of a ... ted partnership partner partnership
director :: n. a member of the governing board of a corporatio ... lso: board of directors corporation
franchise :: 1) n. a right granted by the government to a perso ... on property, income or profits tax.
predecease :: v. to die before someone else, as "if my brother, ... estate I give to his son, Eugene."