Examlex
A merger is a special type of acquisition.
Insurance Policy
A contract between an insurer and a policyholder that specifies the terms and conditions under which the insurer agrees to compensate the policyholder for loss caused by specific events.
Limited Liability Corporation
A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation, protecting owners' personal assets from business debts.
Limited Liability Company
A legal structure for businesses where the owners have limited personal liability for the company's debts and actions.
Active Management
A strategy where a fund manager makes specific investments with the goal of outperforming an investment benchmark index.
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