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.
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.
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.
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.