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Laddered Portfolio

A portfolio that is constructed by purchasing a series of fixed-income securities (e.g., bonds) with "laddered" (i.e., far to further...

Bond Ladder

A portfolio strategy that involves constructing a portfolio of individual bonds (or broadly similar types of fixed-income securities/ products such...

Asset Stripping

The segregation and sale of selected assets of an acquired company in an attempt to realize money in order to...

Asset Redeployment

The reallocation of a firm's idle or underused assets to more productive/ profitable uses. The redeployment process involves the sale...

Back-Door Registration

A method of going public by merging with a public shell company. An unlisted company can become publicly traded through...

Stabilization

A market action that aims to protect a newly issued stock. It involves a lead underwriter intervening in the market...

Shell Company

A limited liability company and any business entity that has no significant assets or ongoing business activities/ operations. Typically, shells...

Self-Filing

Processes of going public by voluntarily following the rules that public companies follow and filing the documents they file. By...

Bought Deal

A firm commitment by an underwriter (investment bank) to buy, at a fixed price, all of the shares offered by...

Investment Entity

An entity that is established to invest on behalf of others. An investment entity obtains funds from investors for the...