GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:46 Feb 27, 2007 |
Italian to English translations [PRO] Bus/Financial - Investment / Securities | |||||||
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| Selected response from: James (Jim) Davis Seychelles Local time: 15:58 | ||||||
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Summary of answers provided | ||||
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5 +1 | contendible |
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3 | contestable |
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Discussion entries: 1 | |
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contestable Explanation: generally used with reference to markets (i.e. contestable markets). see: http://en.wikipedia.org/wiki/Contestable_market. i am not 100% sure you can talk about a contestable firm, though. |
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Notes to answerer
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contendible Explanation: It is in European legislation and relates to the ease with which a company or co-operative can be controlled. In a co-operative you may have one vote per shareholder regardless of how many shares held. Not very "contendible", or easy to gain control of it. Therefore a lower fair value in an industry where mergers are at a premium. http://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=desk... |
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