A quasi-municipal corporation is a government corporation with limited powers. Common examples of quasi-municipal corporations in some states include school districts, boards of education, and public utility districts for water and sanitation...
business organizations
quo warranto
Quo warranto is Latin for "by what warrant” (or authority). A writ of quo warranto is a common law remedy which is used to challenge a person's right to hold a public or corporate office. A state may also use a quo warranto action to revoke a...
race to the bottom
A race to the bottom is a causal chain in which parties compete for a desired result by making increasingly larger concessions. Although some parties may temporarily out-compete others, the concessions lead to adverse consequences that may go unnoticed...
raider
A raider is a person or entity that attempts a hostile takeover of a company. Raiders usually target companies with potentially valuable assets, acquire funding to buy enough shares for controlling interest in the target and then break up the...
register
(1) Register is a corporation's official listing of shareholders as well as a record of the corporation's stock issuances and transfers.
(2) Register is to file a security offering with the appropriate government agency to...
Regulation Fair Disclosure (FD)
Regulation Fair Disclosure (FD) is a Securities and Exchange Commission (SEC) regulation that requires public companies to disclose material non-public information which they shared with private individuals. The regulatory text is found in 17...
Regulation S-K
Regulation S-K is a Securities and Exchange Commission (SEC) regulation that outlines how registrants should disclose material qualitative descriptors of their business on registration statements, periodic reports, and any other filings. The...
reorganization
Reorganization is: 1) The implementation of a business plan to alter a corporation’s structure or finances because of financial duress, a desire to change strategy, or a government order. It may involve, among other tactics, changes in assets...
reporting company
A reporting company is any company subject to the periodic reporting requirements of the Exchange Act, i.e., any public corporation.
[Last updated in February of 2022 by the Wex Definitions Team]
Revised Uniform Partnership Act of 1997 (RUPA)
The Revised Uniform Partnership Act of 1997 (RUPA) is a term used to refer to the revised act and revisions done to the Uniform Partnership Act of 1914 (UPA). The UPA is a model series of rules drafted by the Uniform Law Commission (or...