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 ?
They decided not to take the risk of instituting the higher fees that would have been necessary to pay for a parking structure; instead, they opted for two new surface lots on the northeast corner of the main campus, near the athletics complex.
Our goal is to have other neighboring cities adopt the Parcxmart system so that over time there will be a convenient alternative for parking payments for New England's commuters and local travelers wherever they drive," said John Regan, President and CEO of Parcxmart Technologies, an electronic payments company.
Confusing rules and regulations, moreover, bar officials from effective enforcement, some residents and parking officials say.
Today, Parking Company of America is one of the major parking operators in North America.
In a December 27 memo, Glen Ogura, a manager with the Bureau of Design and ATSAC, said he told division employees to find other parking for the cars.
We believe this program could be as much of a milestone as the introduction of the parking meter in 1935 and the Denver Boot in 1953 -- but with one big difference," said Stanley Wolfson, Clancy president.
Over the last 10 years, parking system spaces have increased 12.
Then, you have landlords who take a perfectly good parking lot and put extra stores in it, ruining the traffic flow.
On Tuesday, Councilmen Rafi Manoukian and Gus Gomez agreed that the site was too small, would generate traffic and didn't have enough parking.
The IRS specifically said the entity performing the parking service may be the same entity that performs the qualified intermediary function.
With the full backing of private equity partners who recognize our growth potential and share our vision for the future, we will be in an even stronger position to deliver outstanding service to our management clients, landlords and parking customers.
Solution to America's Parking Crisis, State-of-the-Art Technology Delivers Most Space Efficient Parking