4 Terms
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Private equity
Industry: Financial services
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Private equity
thin market
Financial services; Private equity
A market for securities typified by very few bids to buy or sell. Markets may be thin either because there exists a small float or because of a lack of interest in the stock.
termination for cause
Financial services; Private equity
Termination of an employee’s employment with justification, typically defined in some detail.
term sheet
Financial services; Private equity
A short document summarising the principal financial and other terms of a proposed investment. It usually is non-binding, but may impose some legal obligations on the investor and the company. ...
tender offer
Financial services; Private equity
A formal offer to all or a large group of stockholders to purchase their shares on fixed and substantially non-negotiable terms. The party making the offer customarily reserves the right to accept ...
takeover panel
Financial services; Private equity
The UK regulatory authority responsible for administering the City Code on Takeovers and Mergers. See ‘City Code’ and ‘Takeover Code’.
