(FINANCE) a financial derivative whose underlying asset is a stock. The simplest kinds include the equity swap and the option.
As opposed to currency derivatives, interest rate derivatives, commodity derivatives, and so on. An equity swap typically involves an "equity side" of the transaction AND something else, like interest rates or oil prices.
Equity derivatives can be written on indices (e.g., the S&P 500, the FTSE-100, NASDAQ) as well as on stocks. In fact, they are often bought "out of the money" by mutual fund managers as insurance against a catastrophic decline in the fund value.
As opposed to currency derivatives, interest rate derivatives, commodity derivatives, and so on. An equity swap typically involves an "equity side" of the transaction AND something else, like interest rates or oil prices.
Equity derivatives can be written on indices (e.g., the S&P 500, the FTSE-100, NASDAQ) as well as on stocks. In fact, they are often bought "out of the money" by mutual fund managers as insurance against a catastrophic decline in the fund value.
One other reason that poison pills are back in favor is the growth of synthetic equity derivative swap transactions, where a “short party” agrees to pay a “long party” the cash flows from a particular amount of a target company’s stock. In exchange, the long party agrees to pay a fee and to cover any decrease in the market value of the stock ... Through such transactions, a long party can suddenly become a significant stockholder of a target company without warning.
--Dykema Gossett & Andrew H. Connor "The poison pill resurgence," Lexology (15 March 2010)
--Dykema Gossett & Andrew H. Connor "The poison pill resurgence," Lexology (15 March 2010)
by Abu Yahya April 15, 2010
Get the equity derivative mug.People that merge lanes without looking, drives 20 mph above the speed limit and thinks the road is all theirs. They get honked so much they get used to it and they also honk others that act the same as them
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Get the california driver mug.People who either cluelessly or knowingly cannot drive properly. Female bad drivers tend to cluelessly do a bad job, while male bad drivers tend to drive poorly because they're assholes and don't care about others. Bad drivers kill many innocent people every day. Some countries, like the US, Russia, and China are infested with bad drivers, while other places like Europe, India, Africa, Latin America etc tend to have better drivers.
95% of car accidents have their roots from bad drivers. Many people needlessly die, including bad drivers themselves. So next time you honk at someone who runs a stop sign and almost hits you, don't feel too bad, because maybe next time they do it there will be a kid on a bike instead of you there.
95% of car accidents have their roots from bad drivers. Many people needlessly die, including bad drivers themselves. So next time you honk at someone who runs a stop sign and almost hits you, don't feel too bad, because maybe next time they do it there will be a kid on a bike instead of you there.
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hell itself
hell itself
“hey, have you heard of Brongus Drive? it’s pretty cool except for this one member, Sloop. That member sucks ass”
by sloop_ December 17, 2020
Get the Brongus Drive mug.Describing of a person of unfathomably great laziness. Looks for every opportunity to get out of work. Even trivial chores are too much of a finger lift for them. So called because they will get into their car, turn the key, adjust the mirrors, put on their seatbelt, and drive to the mailbox that is at the end of their driveway.
by Wm. Wallace The Freedom Fighter January 9, 2008
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*father and 4 yearold daughter walking down street*
Driveby insult guy: THERE'S NO SUCH THING AS SANTA CLAUS!!!!
*guy unloading signs from pickup truck*
DBIG: GO FUCK YOUR SIGNS!!!
DBIG: AHHHRRRRRAAAAHHHEAEEAEAGHA!!!!!!!
those are drive by insults
Driveby insult guy: THERE'S NO SUCH THING AS SANTA CLAUS!!!!
*guy unloading signs from pickup truck*
DBIG: GO FUCK YOUR SIGNS!!!
DBIG: AHHHRRRRRAAAAHHHEAEEAEAGHA!!!!!!!
those are drive by insults
by asdfsa September 9, 2006
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