Meaning NOVATION: Defeasance whereby the firm's debt is cancelled
More terms such as Novation in Dictionary N.
- Definition Net Float:
- Examples Sum of disbursement float and collection float novation definition.
- Definition NYSE Composite Index:
- Examples covering price movements of all new world common stocks listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted novation explain.
- Definition "News Out":
- Examples counter trading. A news story concerning the stock being considered has recently been posted on one of the news services, such as the Dow Jones News Service or Reuters. A courtesy standard in trading novation what is.
- Definition Nonvoting Stock:
- Examples A security that does not entitle the holder to vote on the corporation's resolutions or elections novation meaning.
- Definition Noncumulative Preferred Stock:
- Examples Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment. Related: Cumulative preferred stock novation abbreviation.
