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 ?
"We are not claiming to completely solve the parking issue, but we will solve it by 80 to 90 per cent.
Parking management services will be applied in these areas from 8am to 10am, Saturday to Thursday.
Al Hammadi informed that most of the areas in the Tourist Club will be charged only Dh2 for an hour instead of Dh3, which is prevalent in most parts of premium parking lots in the city.
"It depends on the location of the area and some of them might fall under premium parking, but we can generally say that in these areas there will be a standard parking fee which is Dh2 an hour," he said.
Parking is free on official holidays, however, cars parked illegally will be fined at any point in time.
Harrison added: "Parking can be a contentious issue and the actions of other motorists can make some car drivers see red, whether that's parking too close to another vehicle, taking up too much space or parking where it is not allowed."