Glossary

Title insurance is a type of insurance that protects property buyers and lenders from financial loss due to defects or… Read More »Title Insurance definition + case study

A take-private bid is an offer made by a group, often led by private equity firms, to purchase all outstanding… Read More »Take-private bid definition + case study

Disclosure schedules are documents that accompany a purchase agreement in a merger or acquisition deal, detailing specific facts, figures, and… Read More »Disclosure Schedules definition + case study

A transitional service agreement (TSA) is a contract that outlines the terms under which one party provides services to another… Read More »Transitional Service Agreement definition + case study

Credit committee approval refers to the formal consent required from a designated group within an organization, typically within financial institutions,… Read More »Credit Committee Approval definition + case study

The term “successors and assigns” refers to the parties who will inherit or take over the rights, duties, and obligations… Read More »Successors and Assigns definition + case study

A deal announcement is a formal communication that notifies stakeholders about a significant business transaction, such as a merger, acquisition,… Read More »Deal Announcement definition + case study

A golden parachute is a financial arrangement that offers lucrative benefits, usually in the form of severance packages, to executives… Read More »Golden Parachute definition + case study

Board approval is the formal consent given by a company’s board of directors concerning significant decisions, such as mergers and… Read More »Board Approval definition + case study

When we use the term transaction liability insurance, we want to express a specialized type of insurance that protects buyers… Read More »Transaction Liability Insurance definition + case study

An indicative valuation is a preliminary assessment of a company’s worth that provides potential buyers and sellers with a rough… Read More »Indicative Valuation definition + case study

Intellectual property transfer refers to the process of transferring ownership or rights of intellectual property (IP) from one party to… Read More »Intellectual Property Transfer definition + case study

An independent director is a member of a company’s board of directors who does not have any significant ties to… Read More »Independent Director definition + case study

A change in control payment refers to a financial compensation that is triggered when a company undergoes a significant ownership… Read More »Change in Control Payment definition + case study

A put option is a financial contract that gives the owner the right, but not the obligation, to sell an… Read More »Put Option definition + case study

A spin-off is a corporate strategy that involves creating a new independent company through the sale or distribution of new… Read More »Spin-off definition + case study

A golden share is a type of special share that gives its holder veto power over certain important decisions within… Read More »Golden Share definition + case study

A public-to-private transaction refers to the process of taking a publicly traded company private, usually by acquiring its outstanding shares… Read More »Public-to-Private Transaction definition + case study

A Section 363 sale is a special type of sale used under the U.S. Bankruptcy Code, enabling companies in Chapter… Read More »Section 363 Sale definition + case study

A reverse takeover, often called a reverse merger, is when a private company acquires a public company to bypass the… Read More »Reverse Takeover definition + case study

A hostile offer defense is a strategy employed by a company to protect itself against an unsolicited takeover bid that… Read More »Hostile Offer Defense definition + case study

A lock-up release refers to the period following a company’s initial public offering (IPO) during which insiders and major shareholders… Read More »Lock-up Release definition + case study

Return on investment (ROI) is a financial metric that helps us measure the profitability of an investment. It is expressed… Read More »Return on Investment definition + case study

Vendor due diligence is the process of assessing potential suppliers or partners to ensure they meet specific standards, requirements, and… Read More »Vendor Due Diligence definition + case study

When we talk about board fiduciary duty, we refer to the legal obligation that board members have to act in… Read More »Board Fiduciary Duty definition + case study

The survival period is a term we use to describe the length of time during which a business must remain… Read More »Survival Period definition + case study

A friendly acquisition is a type of merger where both companies involved agree to the terms and conditions without any… Read More »Friendly Acquisition definition + case study

A lock-up agreement is a legal provision that restricts company insiders from selling their shares for a predetermined period following… Read More »Lock-up Agreement definition + case study

The settlement date is the day when the transfer of ownership of securities occurs after a transaction has been executed.… Read More »Settlement Date definition + case study