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 Unlimited Tax Bond:
- Examples A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate ultra vires activities definition.
- Definition Underwithholding:
- Examples When a taxpayer has withheld too little tax from salary and will therefore owe tax when filing a return ultra vires activities explain.
- Definition Underbooked:
- Examples Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period ultra vires activities what is.
- Definition Uncollected Funds:
- Examples The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn ultra vires activities meaning.
- Definition Unit Investment Trust:
- Examples Money invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value ultra vires activities abbreviation.
