Examlex
__________ means that people in management positions have formal authority to direct and control immediate subordinates.
General Cash Offering
A public sale of securities in which the proceeds are used to fund general business activities and not earmarked for a specific project.
Rights Offering
An issue of rights to existing shareholders allowing them to buy additional shares directly from the company at a discount before a public offering.
Seasoned Issue
A new offering of stock to the public from a company that has previously issued securities to the public.
Indirect Costs
Costs that are not directly tied to a specific project or product, such as administration, personnel and security costs.
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