Take
(a) A dealer or customer who agrees to buy at another dealer's offered price is said to take that offer. (b) Also, Euro bankers speak of taking deposits rather than buying money. |
Similar financial terms
Hostile takeoverA tender offer which is made to the shareholders without the approval of the board of directors.
Takeover
General term referring to the transfer of control of a firm from one group of shareholder's to another group of shareholders.
Take-up fee
A fee paid to an underwriter in connection with an underwritten rights offering or an underwritten forced conversion as compensation for each share of common stock he underwriter obtains and must resell upon the exercise of rights or conversion of bonds.
Take-out
A cash surplus generated by the sale of one block of securities and the purchase of another, e.g. selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take him out of the market.
Take-or-pay contract
A contract that obligates the purchaser to take any product that is offered to it (and pay the cash purchase price) or pay a specified amount if it refuses to take the product.
Take a position
To buy or sell short; that is, to have some amount that is owned or owed on an asset or derivative security.
Stakeholders
All parties that have an interest, financial or otherwise, in a firm - stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
Price takers
Individuals who respond to rates and prices by acting as though they have no influence on them.
Reverse Takeover (RTO)
A reverse takeover is one way of going public. A public company can take over another company by issuing a large number of shares to the shareholders of the target company. This may result in the new shareholders owning more shares than the original controlling shareholders - hence a change of control. Hence, this is referred to as a reverse takeover. Although the smaller company has technically taken over the larger one, the larger one's owners are now in charge.
Example: I have a pub ...
