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 ?
•All applicable permits including D.O.T., parking occupancy tax, and Police Commissions
Not a bad idea, if there is going to be continued parking in the Niagara Falls State Park.
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.
Historically, the concerns some CPAs had about parking arrangements were twofold:
WATAUGA FARMER'S MARKET Where Located in the Horn in the West Amphitheater parking lot near Daniel Boone Native Gardens and Boone Park-Boone When: Saturdays May-October and Wednesday July-August from 8 am-noon Contact: Peggy Stubbs 828-264-2008 pstubbs@boone.net
It demonstrates the IRS's willingness to favorably view parking arrangements not covered under the safe harbor.
* Employee reimbursements for parking at nontemporary work locations: PLR 200105007; p.
Motorists are expected to pay the correct parking charges when using HDB and URA car parks.
Ball fields, basketball courts, playground, street parking.
Some of their parking lots may be used for incentive parking while the shopping centres are pondering partial regulation for themselves."We plan to organise parking at our shopping centre better," said Vladimir Beres, director of the Avion Shopping Park.
Parking director Tom Tinega said they had also noticed congestion in the CBD.
These parking areas are at each end of the park, which was designed and built by Chicago architect Daniel Burnham at the start of the 20th century.