UPSTAIRS DEAL
Upstairs Deal is a type of business agreement created under the the upper managements knowledge. This deal is usually unknown and does not concern the lower-level employees unless it has been decided to be announced publicly. The term upstairs deal was derived from the fact that the upper management usually have their offices in the higher floors of the company building. Upstairs deals between two companies usually end up in friendly takeovers.
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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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| Time | Country | Indices | Period |
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