CRAMMED DOWN
- Occurrence in which venture capitalists declines to invest in a new project unless the older investors of the firm decrease the value of their initial investment.
- Bankruptcy procedure allowing a bankruptcy court to initiate a reorganization plan for a firm in spite of objections from certain creditors. The creditors will keep collateral on the firm as long as the latter offers repayment of the secured portion or fair market value of the collateral in that plan.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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