DefinitionOptions backdating is the practice of altering the date a stock option was granted, to a usually earlier date at which the underlying stock...
What is 'Backstop Purchaser' An entity that agrees to purchase all the remaining, unsubscribed securities from a rights offering. The backstop purchaser...
DefinitionThe Salad Oil Scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million...
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...