Parking Violation: Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party's sole reason for holding the stock is to conceal ownership or control of a raider, thus sidestepping the Williams Act requirements of 5% holding limits. See: Rule 13d.

 

Related Words

Parking Violation: Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party's sole reason for holding the stock is to conceal ownershi . . . View Full Definition

Violation: An infraction affecting 2nd or 3rd ball score.

Parking: Putting money into safe investments such as money market investments while deciding where to invest the money.

Lane Violation: You cannot move into the lane looking to grab a rebound when a foul shot is being taken until the ball actually hits the rim. If you do enter the lane too soon, it's called a lane violation . . . View Full Definition

Five-Second Violation: When passing the ball inbounds after gaining possession, players have five seconds to get the ball to a teammate.

Halo Violation: From 1983 until the end of the 2002 season, in the NCAA (college football) the halo rule was a foul for interference with the opportunity to catch a kick. The so called halo rule stated that . . . View Full Definition

Code Violation: On the atp tour and on the wta tour, occurs when a player commits a violation such as voicing an obscenity or hitting a ball into the stands (not during the point). The first violation resul . . . View Full Definition

Beneficial Ownership: Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation.)