Glossary of Financial & Economic Terms

 

     
   

A

AAA (credit rating)

Abnormal profit

Abnormal returns

Accelerator effect

Accelerated supply

Accord and satisfaction

Accounting cost

Account (Allocated) gold

Account (Certificate) gold

Account (unallocated) gold

Accredited investor

Accrual bond

Active management

Activist shareholder

Adaptive expectations

Advance premium forward

Adverse selection

Aggregate demand

Aggregate expenditure

Aggregate supply

Allotment (financial)

Alpha (investment)

American option

Angel investors

Annual report

Annuity

Anonymous banking

Anticipation (finance)

Antidumping

Arbitrage

Arbitrage pricing theory

Arbitristas

Argentine currency board

Arrovian uncertainty

Art finance

Asian financial crisis

Asian option

Asset pricing

Asset specific required rtn

Asset-based economy

Assignment

At-the-money (moneyness)

Auction call

Audit

Austrian school/economics

Autarky

Automatic stabilizer

Autonomous consumption

Average cost

 

 

Activist shareholder

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An activist shareholder is one who uses an equity stake in a corporation not simply as an item within a portfolio but as an opportunity to redefine and redirect the management of that corporation.

Shareholder activism can take any of several forms: proxy battles, publicity campaigns, litigation, even in the right circumstances more-or-less amiable negotiations with management.

For example, in September 2003, hedge fund manager Lawrence J. Goldstein created a new fund specifically for the purpose of using such activism to increase the value of targeted corporations' equity. The resulting entity is known as the Santa Monica Partners Opportunity Fund LP, [1] (http://www.hedgeworld.com/news/premium/read_news.cgi?section=what&story=what14805.html)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

source: http://en.wikipedia.org/wiki/Activist_shareholder

 

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