Triggering Event

(redirected from Triggering Events)

Triggering Event

1. A milestone that a person must attain to become eligible for a benefit or annuity. Usually the triggering event is retirement, but it could be reaching a chronological age, such as 65.

2. A movement in a security's price that causes an investor to become interested in trading that security. For example. if a stock were trading at $70, and the price moves to $75, a shareholder may become interested in selling his/her shares.

3. An event that changes the terms of an agreement or contract. For example, a student loan may include a provision forgiving the debt if the student to whom it is loaned dies. In this case, the triggering event is the student's death. See also: Act of God.
References in periodicals archive ?
Such appraisal will constitute a 'certificate of value.' If no such certificate of value has been obtained in the last three years, then an appraiser will be hired to perform such valuation." In reality, owners of privately held companies may agree to have an appraisal every year, but after one or two years, they usually stop, as the cumulative costs of appraisals becomes expensive, and in the absence of triggering events, the owners' mentality becomes, "why bother?"
Twenty-six of 41 triggering events (63%) of GCS decline occurred within the first 48 hours (Table 2).
Speaking at the North American Securities Administrators Association's and SEC annual Section 19(d) Conference, (held just before NASAA's annual public policy conference), Piwowar stated that SAFE, which stands for a "simple agreement for future equity," is an agreement "between an investor and a company in which the company generally promises to give the investor a future equity stake in the company if certain triggering events occur."
Typical triggering events include the death, loss of required professional license, retirement or disability of an owner or shareholder, or an involuntary transfer.
In the context of a buy-sell, these circumstances are referred to as triggering events.
Entrepreneurial triggering events or factors have become a standard feature in entrepreneurial process models (Barringer & Ireland, 2006; Hatten, 2006; Fayolle, 2009; Summers, 2000).
Among those triggering events are a financial restatement, failures of risk management or acts that hurt the company's reputation.
Identify deficiencies in controls related to triggering events. Test the issuer's assertion that assets weren't impaired, ignoring evidence that triggering events had occurred.
The assessment covers extraordinary triggering events like earthquakes and flooding, and the consequences of any other initiating events.
The safety assessment covers extraordinary triggering events like earthquakes and flooding, and the consequences of any other initiating events potentially leading to a loss of safety functions requiring severe accident management, and includes human and organisational factors.
In the statement, the taxpayer agrees to notify the IRS if certain "triggering events" occur in future tax years.