Clawback and Exchangeable bond: Difference between pages

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1. ''Corporate finance''. 
(XB).  
 
A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.  
In certain placings, the right of existing shareholders to buy the shares being placed.
 
Clawback entitlements apply to large placings or to placings priced at a significant discount, and have the effect of enabling existing shareholders to preserve their interest and proportionate control in the company making the placing.
 
 
2. ''Tax.''
 
The reversal of all or part of a tax credit or relief given previously.
 
 
3. ''Repayment.''
 
The repayment or reversal of all or part of any amount paid or credited previously.
 


== See also ==
== See also ==
* [[Placing]]
* [[Bond]]
* [[Tax credit]]
* [[Tax relief]]


[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:19, 23 October 2012

(XB). A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.

See also


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