Non-accelerated filer is a class of reporting company that is not a large accelerated filer, an accelerated filer, or a smaller reporting company. Initial public offering (IPO) issuers will be non-accelerated regardless of whether they...
securities
non-reporting issuer
Non-reporting issuer is an issuer that is not required to file periodic reports. Non-reporting issuers are U.S. private companies, non-U.S. private companies, or non-U.S. companies that are public in their home countries but are not reporting...
obligor
An obligor is a person within the law of secured transactions that, with respect to an obligation secured by a security interest in or an agricultural lien on some collateral owes payment or other performance of the obligation, has provided...
offering
An offering is a sale of a company’s securities to investors. An offering can be done as a public offering or as a private placement.
[Last updated in January of 2022 by the Wex Definitions Team]
offshore corporation
An offshore corporation, or offshore company, is a company that is chartered under the laws of a country other than the U.S. These offshore jurisdictions, like the British Virgin Islands or the Cayman Islands, have special offshore company...
omission
Omission is refraining from acting or disclosing, see Brown v. Standard Casket Mfg. Co..
It can be used in various situations:
"Failure to disclose the origin of a recording” in criminal law is defined as following: “...par
Par, also referred to as par value or nominal value, is the face value of a bond or the stock value stated in the corporate charter and noted in the stock certificate. Each share of stock receives a par value, representing the amount of...
par value
Par value, also referred to as nominal value, is the face value of a bond or the stock value stated in the corporate charter and noted in the stock certificate. Par value of a bond or fixed-income instrument is crucial since it influences the...
par-value stock
When companies issue par-value stocks, the par value refers to the minimum amount that the company could sell these stocks to stockholders. Therefore, the par value is set at the issuance of the stocks. The corporate charter contains specific...
participate
Participate, in the legal context, means to take part in something of legal consequence such as claims, business dealings, and class actions. Participation can be used without an inherent special legal meaning, such as participating in a...