Meaning NO-ACTION LETTER: A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity
More terms such as No-action letter in Dictionary N.
- Definition Net Change:
- Examples This is the difference between a day's last trade and the previous day's last trade no-action letter definition.
- Definition Normal Backwardation Theory:
- Examples Holds that the futures price will be bid down to a level below the expected spot price no-action letter explain.
- Definition Nonrecourse Loan:
- Examples A loan taken by limited partners used to finance their portion of the partnership, which is secured by their ownership in the venture no-action letter what is.
- Definition Negative Working Capital:
- Examples Occurs when current liabilities exceed current assets, which can lead to bankruptcy no-action letter meaning.
- Definition Negative Covenant:
- Examples A bond covenant that limits or prohibits certain actions unless the bondholders agree no-action letter abbreviation.
