Toehold Purchase

Business / Taxes / Toehold Purchase: A toehold purchase is one in which an individual investor or investment firm caps holdings in a potential target company at less than 5% of the company’s outstanding stock. Presumably that’s because once an investor has acquired 5% or more of the stock, the investor must notify the company, the market where the company is listed, and the Securities and Exchange Commission (SEC). That notification must explain the next steps the investor intends to take, such as a possible takeover bid.

Other Words for Purchase

Purchase Noun Synonyms: buy, acquire, procure, obtain, get, secure, pay for
Purchase Verb Synonyms: buy, acquisition
MORE

Purchase Returns And Allowances

Business / Accounting / Purchase Returns And Allowances: A contra-purchase account used for recording the return of, or allowances for, previously purchased merchandise. MORE

Purchase-Money Mortgage

Business / Finance / Purchase-Money Mortgage: A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property. MORE

Purchaser Road Credits

Business / Agriculture / Purchaser Road Credits: Credits granted to purchasers of timber in the national forests in exchange for the construction of permanent roads specified in the timber sale contract. The amount of the credits is the Forest Servi MORE

Links
Home
Glossary
Thesaurus