CAD definition explanation

What is CAD?
What currency is CAD?
CAD is the currency abbreviation or currency symbol for the Canadian dollar (CAD). The Canadian dollar is made up of 100 cents, and is often presented with the dollar sign as C$ to allow it to be distinguished from other currencies denominated in dollars, such as the U.S. Dollar (USD). CAD is considered to be a benchmark currency, meaning that many central banks across the globe keep Canadian dollars as a reserve currency. Read more for examples and further explanation including related video clips and also comments
Continue reading “CAD definition explanation”

Blank Check Preferred Stock definition explanation

What is Blank Check Preferred Stock?
A method companies use to simplify the process of creating new classes of preferred stock to raise additional funds from sophisticated investors without obtaining separate shareholder approval. Read more for examples and further explanation including related video clips and also comments
Continue reading “Blank Check Preferred Stock definition explanation”

Best-Price Rule – Rule 14D-10 definition explanation

What is Best-Price Rule – Rule 14D-10?

An SEC regulation that stipulates that a tender offer is open to all security holders of that class of security and the amount paid to the security holder is the highest paid to any other holder of the same security. Read more for examples and further explanation including related video clips and also comments
Continue reading “Best-Price Rule – Rule 14D-10 definition explanation”

Board Of Directors – B Of D definition explanation

What is Board Of Directors – B Of D?
A group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues. Such issues include the hiring/firing of executives, dividend policies, options policies and executive compensation. Every public company must have a board of directors. Read more for examples and further explanation including related video clips and also comments
Continue reading “Board Of Directors – B Of D definition explanation”