| Stalking-Horse Bid An initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. From a pool of bidders, the bankrupt company chooses the stalking horse to make the first bid. Investopedia Explains: This method allows the distressed company to avoid low bids on its assets. Once the stalking horse has made its bid...
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Recently Added Definitions Reinsurance Credit An accounting entry made by an insurer for premiums ceded to reinsurers and losses recovered from reinsurers. Reinsurance credit procedures allow an...
Schumer Box A table that appears in credit card agreements showing basic information about the card's rates and fees. The Schumer box shows information about... | | |
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