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 ?
Violators will be fined not less than P150,000 for overpricing of parking fees, or imprisonment of one year to three years.
In the last financial year, the county's revenue target from parking fees was Sh2.97 billion.
After this, Station Commander Brig Shahzad Tanvir and RCB Cantonment Executive Officer Sibtain Raza on Tuesday invited office-bearers of the traders' association for talks and decided to end parking fee but refused to end fee charged for signboards.
However, some businessmen and owners were using the allocated space for commercial purpose and collecting parking fee through contractors.
'As to how Rs30 parking fee was being charged and who had authorised the attendants to issue these slips which do not bear the name of any contractor or the authority has to be ascertained,' said Amir.
The county's communications director Richard Chacha allayed fears of an increase in parking fees from the current Sh100."It will remain the same.
The Thrompon also said some problems arose between the parking fee collectors and the residents.
Mohammed Musharraf Ali Faruqui, Additional Commissioner, IT, GHMC, told ANI, "As per the government order, for first 30 minutes there will be no parking fee."
The long-term parking fee too has been more than doubled.
'This works out to only 92,000 vehicle owners paying their parking fees while 270,000 more are using the bays for free,' he said.
The public notice has been sent to make people aware that the collection of parking fee at hospitals and malls under the SDMC is not legally valid.
While some Winnipeggers breathed a sigh of relief Monday upon hearing news that a city committee had shot down an expanded evening parking fee plan.