Examlex
Where a controlling group of majority shareholders propose fundamental changes to the corporation,a dissenting shareholder need not go along with the change.She may elect instead to have her shares bought out by the corporation at a fair price.This is referred to as
Transactions
Transactions are actions carried out between two or more parties that involve the exchange of goods, services, or financial assets.
Original Issue Discount
Refers to the discount from the par value at which a bond or other debt instrument is issued, resulting in a difference that is treated as tax-exempt or taxable interest over the life of the bond.
OID
Original Issue Discount, the difference between the original issue price of a bond and its par value, which is treated as interest by the IRS.
Computed
Refers to the result obtained after performing a mathematical calculation or processing data using a computer.
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