De facto director and Deal: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Add 3rd, 4th & 5th definitions. Sources: linked pages.)
 
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An individual who acts as a director without having been formally appointed as one.   
1''Corporate actions.''


De facto directors can become legally liable, as if they were directors.
A major corporate transaction such as an acquisition, merger or disposal.
 
 
2.  ''Contract.''
 
Any financial transaction or trade.
 
Including ones reached following a period of negotiation about the price, or other terms.
 
 
3.  ''Public policy.''
 
A high-level policy or aspiration, not necessarily having legal effects itself, but often followed by legislation.
 
For example, the European Green Deal.
 
 
4.  ''Verb.''
 
To strike a transaction.
 
For example, market makers quote (different) buying and selling prices at which they are willing to ''deal'' with their clients.
 
 
5.  ''Professional services - other actions.''
 
To take appropriate administrative and other steps to address an area of responsibility over time, or a problem.
 
For example, a tax agent is a professional specialist appointed by a taxpayer to ''deal'' with the tax authorities on behalf of the taxpayer.
 
As another example, bailin refers to the use of private sector money, rather than public money, to ''deal'' with a failed or failing bank.




== See also ==
== See also ==
* [[Board of directors]]
* [[Agent]]
* [[Shadow director]]
* [[Bailin]]
* [[Best-efforts deal]]
* [[Bought deal]]
* [[Club deal]]
* [[Contract]]
* [[Corporate action]]
* [[Cross currency deal]]
* [[Deal contingent forward]]
* [[Deal date]]
* [[Green deal]]
* [[European Green Deal]]
* [[Market maker]]
* [[New Deal]]
* [[Public to private deal]]
* [[Sweetheart deal]]
* [[Trade]]
* [[Transaction]]
* [[Underwritten deal]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 20:09, 9 July 2021

1. Corporate actions.

A major corporate transaction such as an acquisition, merger or disposal.


2. Contract.

Any financial transaction or trade.

Including ones reached following a period of negotiation about the price, or other terms.


3. Public policy.

A high-level policy or aspiration, not necessarily having legal effects itself, but often followed by legislation.

For example, the European Green Deal.


4. Verb.

To strike a transaction.

For example, market makers quote (different) buying and selling prices at which they are willing to deal with their clients.


5. Professional services - other actions.

To take appropriate administrative and other steps to address an area of responsibility over time, or a problem.

For example, a tax agent is a professional specialist appointed by a taxpayer to deal with the tax authorities on behalf of the taxpayer.

As another example, bailin refers to the use of private sector money, rather than public money, to deal with a failed or failing bank.


See also