bachelor bond n.— «In approving the recapitalization plan, Cinram’s board said an equity raise, the degree of foreign ownership and the issuance of securities commonly referred to as “bachelor bonds” and “spinster...
promote n.— «The outside accountants also found that Tom, Nick and Penny had been awarded large equity stakes, known in Pritzker parlance as “promotes,” on deals financed with family money.» —“Inside the Pritzker family...
triple witching n.— «August individual equity options and some options on stock indexes stop trading at Friday’s close, which is commonly referred to as triple witching.» —“Stocks Set to Fall Amid High Oil Price” by Rachel...
HNWI n.— «With that equity base and his own maverick image, Hawkins began lending to develop the Equiticorp finance company—just as he had done with CBA Finance. However, instead of rural loans Hawkins chased HNWI’s—high-net-worth...