When a group of shareholders join forces and gather enough proxy votes in order to win a corporate vote.
Author: todorm
Proxy
The authority to represent someone else, especially in voting.
Prospectus
A document that is required by and filed with the SEC providing details about an investment offering that is sold to the public.
Program Trading
The use of computer-generated algorithms to make trades in large volumes with great frequency, surpassing the capabilities of regular human traders.
Profit Margin
The degree to which a company or a business activity makes money.
Privatization
A piece of property or business that turns from government-owned to privately owned.
Private Placement
A sale of stock shares to pre-selected investors and institutions instead of using the open market.
Private Company
A company held under private ownership with shares that are not traded publicly on exchanges.
Principal (Bond)
The amount of money an issuer agrees to pay the lender at the expiration date of the bond.
Principal
The money lent to a borrower or put into an investment. The term can also be used to describe a private company’s owner or the main participant in a deal.