Examlex
In a tender offer share repurchase, a firm announces the price it is willing to pay to buy back shares and the quantity of shares it wishes to repurchase.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, and negotiable instruments.
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.
Holder in Due Course
A legal term describing a person who has acquired a negotiable instrument in good faith and has the right to collect on it, free from many defenses.
Due Diligence
The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or a financial transaction with another party.
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