Meaning ULTRA VIRES ACTIVITIES: Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits
More terms such as Ultra vires activities in Dictionary U.
- Definition Uptick Rule:
- Examples SEC rule that selling short is allowed only on an up tick ultra vires activities definition.
- Definition Unmatched Book:
- Examples maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC ultra vires activities explain.
- Definition Utility Revenue Bond:
- Examples A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished ultra vires activities what is.
- Definition Unamortized Bond Discount:
- Examples Par value of a bond less the proceeds received from the sale of the bond, less whatever portion has been amortized ultra vires activities meaning.
- Definition Uniform Gifts To Minors Act (UGMA):
- Examples Legislation that provides a tax-effective manner of transferring property to minors without the complications of trusts or guardianship restrictions ultra vires activities abbreviation.
