Parking

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Parking

Putting money into safe investments such as money market investments while deciding where to invest the money.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The Green Scrub team has a wealth of experience in regards to parkade cleaning process.
The blade fixtures, themselves, are energy-efficient, and photovoltaic panels on the upper level of the parkade offset the energy used to light the building's exterior.
* Big Y leased 65,000 s/f in Torrington Parkade located at 420 Winstead Road in Torrington, CT.
The lighting and increased natural surveillance have made the parkade uncomfortable for thieves, muggers, graffiti artists, and other miscreants.
To compliment Market Square, a $1.9-million, three-level parkade with stalls for 164 cars is near completion.
Clothing by Certified Calm at Two Parkade, BGC; Rockwell Power Plant Mall, Makati; and The Podium, Ortigas.
Hartrich, director of the Downtown Bellingham Partnership, is starting this summer with a city-owned storefront at 1302 Commercial St., a challenging space hidden behind the Parkade ramp that has been vacant for three years.
On opening day and regular weekdays, buses will ferry people to the fairgrounds every 30 minutes from the Marion Parkade downtown, from the downtown Transit Center, and from the corner of Capitol and Marion streets NE.
A two-storey parkade was built on the south portion of the building and over $7 million was invested in the infrastructure of the property.
CALGARY INTERNATIONAL AIRPORT PARKADE EXPANSION 2008
Parkade Elevator modernization, $228,408 to Boss Construction Inc., 4945 Guide Meridian, Bellingham.