Meaning ZOMBIES: Companies that continue operation while they await merger or closure, even though they are insolvent and bankrupt
More terms such as Zombies in Dictionary Z.
- Definition Z:
- Examples Nasdaq stock symbol indicating that listing is a fifth class of preferred stock, a stub, a certificate representing a limited partnership interest, foreign preferred when issued, or a second class of zombies.
- Definition Zero-Beta Portfolio:
- Examples A portfolio constructed to have zero systematic risk, similar to the risk-free asset, that is, having a beta of zero zombies.
- Definition Zero-Coupon Convertible Security:
- Examples convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security.Also refers to zero-coupon bonds, which are convertible zombies.
- Definition Zero-Balance Account (ZBA):
- Examples A checking account in which zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover checks presented zombies.
- Definition Zero Uptick:
- Examples Related: Tick-test rules zombies.
