g.docx - g. EQUITY – An ownership interest in property ...

g. EQUITY – An
ownership interest in
property, esp. in a
business.
h. GOLDEN PARACHUTE
- An employment-
contract provision that
grants an
upper-level executive
lucrative severance
benefits—including long-
term
salary guarantees or
bonuses—if control of

the company changes
hands (as by
a merger).
i. INVERSION - A
corporate merger in
which a U.S.-based
company merges
with a foreign
corporation to create a
new corporate entity
that is incorporated
outside the United
States.
j. OWNER – One who
has the right to possess,

use, and convey
something.
k. RESIDUAL OWNER –
One who will reap the
marginal dollar of the
firm’s
gain or suffer the
marginal dollar of its
losses.
l. SHAREHOLDER –
One who owns or holds
a share or shares in a
company.
m. STOCKHOLDER’S
DERIVATIVE ACTION -
A suit brought by a

stockholder on behalf of
the corporation against
a third party to recover
for
injuries suffered by the
corporation. The
stockholder initiates the
suit because
the corporation refuses
to file suit against the
third party.