A bond that can be redeemed at par value if the company issuing the bond is involved in a takeover.
Related information about chastity bond:
- Chastity Bond Definition | Investopedia
A bond that matures immediately upon the completion of a trigger event such as a takeover or a change in control of the issuer. A chastity bond is one of a ...
- What is chastity bond? definition and meaning
Definition of chastity bond: Corporate bond that becomes redeemable at its face value when its issuer becomes a takeover target.
- Chastity Bond - Financial Dictionary - The Free Dictionary
A corporate bond that matures automatically in the event the issuer is acquired by another company. Some companies issue chastity bonds as an antitakeover ...
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Chastity Bond · Chastity bonds. Chastity girdle. Chastity line · chastize · Chastnyi Poverennyi · Chastushka · Chastushkas · Chastushki · Chasuarii · chasuble ...
- What is CHASTITY BOND? - The Law Dictionary
Definition of CHASTITY BOND: A BOND that can be redeemed by the issuing company at PAR VALUE in the event that it becomes the target of a TAKEOVER ...
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Nearby Terms. chartist · chasing the mark... chastity bond · chattel · chattel mortgage · cheap rate · cheap stock · cheapest to deli... cheaply · cheapness ...
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Chartered Wealth... charting · chartist · chasing the mark... chastity bond · chattel mortgage · chattel mortgage... cheap rate · cheap stock · cheapest to deli.
- Answers: Business buzzwords: Takeover remedy
A chastity bond is designed to prevent unwanted takeovers by having a maturity that is activated once a takeover is complete; the idea this is that companies will ...