A B C D E F-H I J-L M N-O P Q-R S T U-Z

Target corporation The corporation that is purchased in a change of control transaction. Chapter 17.

Team production An economic endeavor in which multiple actors are required and in which the results are not easily attributable to the efforts of particular actors. Chapter 4.

Tender offer An offer to the target's shareholders to sell their shares to the raider at a premium to the current market price. Chapter 17.

Term partnership A partnership formed for a particular length of time or for a particular undertaking. Chapter 18.

Terminal price The likely sales price of an asset at the end of its holding period. Chapter 3.

Time value of money The increased value of a unit of money in the present over the value of the same unit of money in the future. Chapter 3.

Topping fee A contract clause that requires additional payment to the acquirer if an acquisition transaction does not close and if, within a specified time such as two years, the target is acquired by another entity. Chapter 17.

Traditional logic of property The idea that a corporation should be run for the benefit of shareholders because they own the corporation and hence, indirectly, the corporation's property. Chapter 10.

Transaction reporting The requirement that a public company provide certain information to its shareholders with respect to a contemplated financial transaction. Chapter 15.

Transfer agent A corporation's agent in charge of reissuing shares from sellers to buyers and noting such transfers on the shareholder list. Chapter 15.

Treasury stock Shares that have been reacquired by the issuing corporation but that have not been retired. Chapter 7.

A B C D E F-H I J-L M N-O P Q-R S T U-Z