subsidiary
A subsidiary is an entity (e.g., a corporation) in which another entity (known as the parent or holding company) has a controlling share.
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corporations
takeover
A takeover occurs when the controlling interest in a corporation shifts from one party to another.
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Tax Cuts and Jobs Act of 2017 (TCJA)
The Tax Cuts and Jobs Act of 2017 (TCJA) is the informal name for a major overhaul of the Internal Revenue Code of 1986, signed into law by President Trump in 2017. It introduced broad changes across individual, corporate, and international tax rules.
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tender offer
Tender offer is a public offer to buy shares of a corporation, usually at above market price and with the intention of gaining controlling interest in the target corporation.
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transfer agent
A transfer agent is an agent, usually a commercial bank or trust company, appointed by a corporation to keep legal records of all the corporation's stockholders.
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treasury stock
Treasury stock is a type of stock that has been reacquired by the issuing corporation. While held by the issuer, the stock is considered issued but not outstanding, and is not considered in measuring the value of outstanding common shares.
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unissued stock
Unissued stock is the stock that has been authorized for use in the company’s charter but that the company has not sold (issued) either to the shareholders or other investors in the market.
Volcker Rule
The Volcker Rule refers to a broad set of rules adopted under Dodd-Frank Title VI that attempts to reduce risk within banking institutions, stemming from mixing investment banking and commercial banking. The Volcker Rule consists of two major parts: rule preventing banking institutions from partaking in proprietary trading from their own funds and limiting banking institutions from investing in hedge funds or private equity funds.
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voting trust
A voting trust is when individual shareholders, or a group, transfer their voting rights to a trustee, or a group of trustees. Voting trusts are a device for combining shareholder’s voting power as the trustee then controls a unified voting block.
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white-collar crime
White-collar crime generally encompasses a variety of nonviolent crimes usually committed in commercial situations for financial gain.
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