| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,724,033,603 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Proratable Factor |
0.01 sec. |
Proratable Factor The percentage of shares that may be exchanged for other stock or cash. This may happen in a bankruptcy or in a takeover. For example, if so many shareholders seek to trade in their stocks at one time that the company lacks to cash to cover it, the company may use a proratable factor to cover at least a proportion of the exchanges. To give another example, if a company is taken over for cash and equity, the proratable factor is used to determine how much of each a shareholder receives for each share of the company that has been taken over. See also: Proration, Exchange ratio. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in |
|---|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|