securitize, vb. To convert (assets) into negotiable securities for resale in the financial market, allowing the issuing financial institution to remove assets from its books and thereby improve its capital ratio and liquidity while making new loans with the security proceeds. — securitized, adj. — securitization, n.
World Bank. A U.N. specialized agency established in 1945 to provide loans that aid in economic development, through economically sustainable enterprises. • Its capital derives from both U.N. member states and loans on the open market. — Also termed International Bank for Reconstruction and Development. [Cases: International Law 10.45(2).]
a. 1. (usu. cap. & often ital.) A hypothetical person (A deeds Blackacre to B). 2. [Latin] From; by; in; on; of; at. 3. [Law Latin] With. 4. [Law French] Of; at; to; for; in; with. 5. Securities. A letter used in a newspaper stock-transaction table to indicate that cash was paid during the year
income approach. A method of appraising real property based on capitalization of the income that the property is expected to generate. Cf. MARKET APPROACH; COST APPROACH . [Cases: Taxation 348(5).]
A stock-option plan that does not receive capital-gains tax treatment, thus allowing a person to buy stock for a period (often ten years) at or below the market price. — Abbr. NQSO. [Cases: Internal Revenue 3596.]
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collapsible partnership 〈美〉预定可随时清算的合伙 一种合伙，目的在于在应税所得实现前进行解散〔dissolve〕，但是，合伙人为其在合伙中全部或部分利益而在交换中接受的财产的公平市价〔fair market value〕或钱款归属于未成立的具有接收能力的合伙，合伙财产存货清单〔inventory items〕中所列明的增值部分作为财产买卖或交换中已实现的应税收入而不作为固定资产〔capital asset〕。
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haircut. 1. Securities. The discount required by the National Association of Securities Dealers on the value of stock that a brokerage firm holds in its own account at the time of filing a monthly report about the firm’s net capital condition. [Cases: Securities Regulation 40.13. C.J.S. Securities Regulation § 159.] 2. The difference between the
stock option. 1. An option to buy or sell a specific quantity of stock at a designated price for a specified period regardless of shifts in market value during the period. [Cases: Corporations 116. C.J.S. Corporations §§ 233–240, 242.] 2. An option that allows a corporate employee to buy shares of corporate stock at a
money. 1. The medium of exchange authorized or adopted by a government as part of its currency; esp. domestic currency (coins and currency are money). UCC § 1-201(b)(24). 2. Assets that can be easily converted to cash (demand deposits are money). 3. Capital that is invested or traded as a commodity ( the money market).
bridge the gap. Trademarks. To capitalize on the goodwill associated with an existing trademark or tradename by using it or a similar mark on new lines of products or services, or on the same products or services in new marketing territories.