Carve-out: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add definition - source - Investopedia - https://www.investopedia.com/terms/c/carveout.asp) |
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''Documentation and regulation''. | 1. ''Documentation and regulation''. | ||
A carve-out is a special exception. | A carve-out is a special exception. | ||
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Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied. | Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied. | ||
2. ''Corporate finance''. | |||
A transaction in which a parent company sells an equity interest in one of its subsidiary companies to external investors. | |||
== See also == | == See also == | ||
* [[Contract]] | * [[Contract]] | ||
* [[Corporate finance]] | |||
* [[Equity]] | |||
* [[Exception]] | * [[Exception]] | ||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[Negative pledge]] | * [[Negative pledge]] | ||
* [[Parent]] | |||
* [[Regulation]] | * [[Regulation]] | ||
* [[Subsidiary]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
Revision as of 22:05, 2 December 2022
1. Documentation and regulation.
A carve-out is a special exception.
A carve-out can be used in the context of a loan agreement; a negative pledge might apply to all but specific subsidiaries.
Carve-outs might also be used in the context of regulation where, effectively, a section or sections might be dis-applied.
2. Corporate finance.
A transaction in which a parent company sells an equity interest in one of its subsidiary companies to external investors.
