Category: Finance

No-Shop Clause

Clause in a merger agreement, which precludes the incumbent management …

NPS

Acronym for Net Promoter® Score, a measure of customer goodwill …

Offsets

Refers to requirements often included in major public procurement contracts, …

Paid-Up License

Means a license under which all royalties have been paid …

Pari-Passu

Literally means at an equal rate or pace. The term …

Poison Pill

Refers to an array of anti-takeover defenses that a company …