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corporation
corporation in law, organization enjoying legal personality for the purpose of carrying on certain activities. Most corporations are businesses for profit; they are usually organized by three or more subscribers who raise capital for the corporate activities by selling shares of stock , which repr...
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Sir Godfrey Newbold Hounsfield
Sir Godfrey Newbold Hounsfield 1919-2004, British electrical engineer. A radar expert for the Royal Air Force during World War II, in the 1950s Hounsfield began developing computer and X-ray technology for EMI, Ltd., an international electronics and entertainment corporation. He built the prototype...
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multinational corporation
multinational corporation business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. and proliferated after World War II. Typically, a mult...
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Rand Corporation
Rand Corporation research institution in Santa Monica, Calif.; founded 1948 and supported by federal, state, and local governments, as well as by foundations and corporations. Its principal fields of research are national security and public welfare. Research in national security affairs includes s...
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Home Owners' Loan Corporation
Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. It granted long-term mortgage loans to some 1 million homeowners facing loss of their property. ...
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Business Roundtable
Business Roundtable (BRT), an association consisting of the chief executive officers of major U.S. corporations that was founded in 1972 through the merger of the three preexisting business organizations. The BRT was established to give large corporations a stronger voice in lobbying U.S. governmen...
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greenmail
greenmail payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops the takeover bid.
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stock
stock in finance, instrument certifying to shares in the ownership of a corporation. Bonds are similar evidences of shares in a loan to a corporation. Stock yields no dividends until claims of bondholders have been met. Preferred stock is entitled to dividends of a specified percentage per annum be...
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merger
merger in corporate business, fusion of two or more corporations by the transfer of all property to a single corporation. The remaining corporation continues in existence, having absorbed the other(s). Mergers may be of various types: A vertical merger integrates different types of businesses tha...
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debenture
debenture , document acknowledging indebtedness. In Great Britain a debenture is practically the same as a bond , and debenture stock is similar to preferred stock. In the United States the term is usually employed for a corporation certificate without special security, such as a mortgage, to back ...
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