JONESTOWN DEFENSE
A defense tactic where the target company partakes in an activity that might ruin the firm rather than avoid the hostile takeover. Also called suicide pill, it often leads to the death of the target. The term was taken from the Jonestown massacre in 1978 where a religious cult, the People’s Temple headed by American religious leader Jim Jones, committed mass suicide in Guyana.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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| Time | Country | Indices | Period |
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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| 01:30 | Westpac Consumer Sentiment | Nov | |
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