Spin-Off

Business / Taxes / Spin-Off: In a spin-off, a company sets up one of its existing subsidiaries or divisions as a separate company. Shareholders of the parent company receive stock in the new company based on an evaluation established for the new entity. in addition, they continue to hold stock in the parent company. The motives for spin-offs vary. A company may want to refocus its core businesses, shedding those that it sees as unrelated. Or it may want to set up a company to capitalize on investor interest. In other cases, a corporation may face regulatory hurdles in expanding its business and spin off a unit to be in compliance. And sometimes, a group of employees will assume control of the new entity through a buyout, an employee stock ownership plan (ESOP), or as the result of negotiation.

Special Situation

Business / Taxes / Special Situation: An undervalued stock that one or more analysts expects to increase in price in the very near future because of an anticipated — and welcome — change within the company is known as a special situat MORE

Dow Jones Industrial Average (DJIA)

Business / Taxes / Dow Jones Industrial Average (DJIA): The Dow Jones Industrial Average (DJIA), sometimes referred to as the Dow, is the best-known and most widely followed market indicator in the world. It tracks the performance of 30 blue chip US stocks MORE

Anagram

Entertainment / Literature / Anagram: (Greekwriting back or anew): When the letters or syllables in a name, word or phrase are shuffled together or jumbled to form a new word. For instance, in Tanith Lee's short story, 'Bite-Me-Not, or Fl MORE

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