Parking


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Parking

Putting money into safe investments such as money market investments while deciding where to invest the money.

Parking

1. The act or practice of investing in low risk and/or highly liquid securities while one decides where to invest in the medium and long term. For example, one may park one's money in a Treasury bond, or even a savings account, while one makes these decisions.

2. The act of illegally holding or financing stock on behalf of another party with the intent to conceal that party's ownership. Parking occurs when an investor would otherwise own more that 5% of shares outstanding, which would require him/her to register certain information with the SEC. Parking is a method a corporate raider uses when he/she wishes to conceal his/her intent to acquire a company. The raider therefore enlists another's help in doing so by asking him/her to hold or finance a certain amount of stock. See also: Williams Act.

parking

1. Placing idle funds in a safe, short-term investment while awaiting the availability of other investment opportunities. Many investors end up parking proceeds from a security sale in a money market account while searching for other securities to purchase.
2. Transferring stock positions to another party so that true ownership of the stock will be hidden. For example, an investor involved in the takeover of a company may park securities of the company with other investors so that the management of the target company will not know the extent of the investor's stock ownership. Parking for this purpose is generally illegal.
References in periodicals archive ?
She recommends a reverse or parking exchange technique that uses a separate parking entity to acquire and hold the replacement property.
In connection with the proposed merger, Central Parking will file proxy materials and other relevant documents concerning the transaction with the Securities and Exchange Commission.
AutoMotion Parking Systems, LLC is a high technology company that develops automated maximum-efficiency parking warehouses and also offers parking solutions and service installment capabilities for multi-use development projects.
There's not enough space in that parking lot for the people who want to go.
By 1977, the meters were removed, but downtown parking issues surfaced again in the late 1990s as the area began its renaissance and demand for parking grew, officials said.
It's a gigantic problem,'' said Betty Harris, captain of the city's parking enforcement Special Operations Bureau.
Boston University also recently chose Standard Parking as its vendor of choice to operate its three garages and surface lots, some of which are used for parking purposes during Boston Red Sox games.
The document says nothing about the city bulldozing acres of wildlife habitat to create new construction, and it certainly doesn't address the fact that the new parking lot and adjacent street's drainage are designed to shunt storm water (laden with oil, gas, MTBE, transmission and radiator fluids, not to mention garbage) directly into a nearby lake and the nesting habitat of a federally registered endangered species, the least Bell's virio.
There is a huge parking shortage,'' said Van Ginkel, noting that high- rises typically have only one or two parking spaces per one thousand square feet of space.
DENVER -- As cyclists arrive downtown they'll be greeted by "innovative bicycle lockers," providing a safe and secure end-of-trip bicycle parking for bicycle commuters.
At the west end of Trail Ridge Road, a sign marks Milner Pass, where visitors can pull into a parking area, get out and examine America's backbone.