see Market maker.
(finance) anti-competitive agreement whereby certain enterprises that operate on the same market delegate responsibility for their management to a single management body. By coordinating the participants’ activities, the central management body defines the strategies that each company must follow, particularly in regard to prices and quantities, so that the trust can act as a market monopolist and consequently realise profits at a higher than normal rate.
see Business cycle.
see Business cycle.
(commercial law) acronym for takeover bid (public purchase offer), the specific legal institute that governs all offers, invitations to offer, or promotional messages issued in any form for the cash purchase of financial products aimed at the public. If the purchase is carried out by delivering other financial products as consideration, the public purchase offer is defined a public offer of exchange.
(finance) the primary market is where newly issued securities are placed; the secondary market ( see Primary market) is the market where placed securities are traded; the tertiary market can be defined as the over-the-counter market of listed securities.
(finance) a financial analysis method that forecasts the future performance of stocks and financial assets in general through forward projection of their past movements.
see Leveraged buy-out.