illegal parking

illegal parking
 Stock market practice of having another firm purchase securities in its name but guaranteed by the real investor.
 ► “Michael Milken and Ivan Boesky made the practice of illegal parking famous in the 1980s. Illegal parking allowed Boesky to circumvent SEC* net capital requirements.” (Jim Reilly, Robinson-Humphrey Co., 1996)

American business jargon. 2014.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Parking violation — Parking tickets on a vehicle in Durham, North Carolina A parking violation is the act of parking a motor vehicle in a restricted place or for parking in an unauthorized manner. It is against the law virtually everywhere to park a vehicle in the… …   Wikipedia

  • parking —  Financial strategy of placing assets in a safe investment while looking for other opportunities. See also ILLEGAL PARKING …   American business jargon

  • illegal — adj. VERBS ▪ be ▪ become ▪ remain ▪ declare sth, deem sth, make sth, rule sth ▪ …   Collocations dictionary

  • parking — noun ADJECTIVE ▪ convenient, easy ▪ ample ▪ The hotel has ample parking. ▪ free ▪ off road (BrE) …   Collocations dictionary

  • Parking Violation — The illegal practice of an acquiring company concealing ownership of the target company by holding stock under a related third party before attempting corporate takeover. Unlike the parking violations that many of us as drivers commit… …   Investment dictionary

  • parking violation — Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party s sole reason for holding the stock is to conceal ownership or control of a raider, thus sidestepping the Williams …   Financial and business terms

  • parking — 1) Putting company shares that one owns in the name of someone else or of nominees in order to hide their real ownership. This is often illegal. See also warehousing 2) Holding assets in a short term riskless form pending an investment decision …   Big dictionary of business and management

  • Decriminalised parking enforcement — Vehicle clamping Vehicle removal …   Wikipedia

  • Disabled parking permit — A sign requesting permits be displayed for a disabled parking place in Canberra, Australia …   Wikipedia

  • Double parking — can refer to one of three practices: Parking parallel to a car already parked at the curb The car on the right is double parked. Since it has Diplomatic License Plates, the driver would not be obliged to pay any citation issued. Double parking… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”