Meaning CLASS ACTION: A legal complaint filed by a lawyer or group of lawyers for a group of petitioners with an identical grievance, often with an award proportionate to the number of shareholders involved
More terms such as Class action in Dictionary C.
- Definition Cash Markets:
- Examples Also called spot markets, these are markets that involve the immediate delivery of a security or instrument. Related: Derivative markets class action definition.
- Definition Counterparties:
- Examples The parties to an interest rate swap class action explain.
- Definition Common Stock/Other Equity:
- Examples Value of outstanding common shares at par, plus accumulated retained earnings. Also called shareholders' equity class action what is.
- Definition Correspondent:
- Examples A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market class action meaning.
- Definition Capital Allocation Decision:
- Examples Allocation of invested funds between risk-free assets and the risky portfolio class action abbreviation.
