Meaning PENSION PARACHUTE: A form of poison pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. This prevents the raiding firm from using the pension assets to finance the takeover
More terms such as Pension parachute in Dictionary P.
- Definition Price Of Admission:
- Examples of general equities. Cost to become a player in a stock in an inordinately aggressive market (i.e., locking on one side, size or price concessions); trader becomes aggressive in order to break the pension parachute definition.
- Definition Pacific Stock Exchange:
- Examples Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. exchange open between 4:00 and 4:30 pension parachute explain.
- Definition Prime Rate:
- Examples The interest rate at which banks lend to their best (prime) customers. More often than not, a bank's most creditworthy customers borrow at rates below the prime rate pension parachute what is.
- Definition Pennant:
- Examples A chart pattern resembling a pointed flag, with the point facing to the right, which shows a diminishing variance of price pension parachute meaning.
- Definition Project Loan Securities:
- Examples Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes pension parachute abbreviation.
