Corporate charter

Corporate charter
A legal document creating a corporation.
Similar financial terms
Corporate sector
Securities issued by U.S. corporations and non-U.S. corporations in the United States.

CORPORATE CHARTER " The document prepared when a corporation is formed. It will set forth the objectives and goals of the corporation as well as a complete statement as to what the corporation can and cannot do in seeking these goals.

[edit] Corporate Chartered Status
In addition, firms that can demonstrate the highest commitment to professional standards can apply for Chartered Financial Planners status.

Corporate Charter
A document that is prepared during the formation of a corporation. It states the corporation's goals and objectives as well as what the corporation can do and cannot do to fulfill its goals.

Corporate Charter - Is a document which lists the objectives, powers, and authorities of a corporation. It indicates what the corporation can and cannot do.

See: Corporate Charter
Ascending Tops
A chart pattern that tracks a stock's price over a period of time. The pattern will show that each peak in the stock's price is higher than the preceding peak. This upward movement is considered bullish.

Ultra vires activities Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits. Ultradot Applies to derivative products.

Authorized shares Number of shares authorized for issuance by a firm's corporate charter. Autocorrelation The correlation of a variable with itself over successive time intervals. Sometimes called serial correlation.

In the United States there are several corporate forms; what are generally called corporations are businesses run for profit that have been granted corporate charters by the States of the United States.

amount arbitrarily assigned by the corporate charter to one share of stock and printed on the stock certificate. The par value represents the legal capital per share.

A right, sometimes required by the issuer's corporate charter, by which current owners must be given the opportunity to maintain their percentage ownership if additional shares of the same class are issued.

legal and accounting fees to obtain the corporate charter
legal fees for drafting the charter, by-laws, minutes of organizational meetings, and the terms of original stock certificates
fees paid to the state of incorporation ...

Such an offering is usually mandated by the corporate charter.To act on the offering, you turn over the rights you receive, typically one for each share of stock you own, and the money needed to make the purchase within the required period, ...

Board of directors - Group of persons elected by a company's stockholders to run the business according to the corporate charter. Senior management is appointed by the Board.

While many people in the United States choose to incorporate in their own state--small businesses especially--some states have corporate charters that are particularly beneficial to certain types of business.

Capital stock must first be issued and then offered and listed in order to be publicly available for stock market trading. Capital stock is usually listed as a corporate asset in the corporate charter document, ...

AUTHORIZATION OF STOCK - the provision in a corporate charter giving permission to issue stock.
AUTHORIZATION SCHEDULE - the guideline under which the subject activity is controlled and authorized. F...

Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside the powers that are specifically listed in a corporate charter or state law.

Number of shares authorized for issuance by a firm's corporate charter.
Bargain-purchase-price option
Gives the lessee the option to purchase the asset at a price below fair market
value when the lease expires.

Number of shares authorized for issuance by a firm's corporate charter.
Automated bond system (ABS)
The computerized system that records bids and offers for inactively traded bonds until they are cancelled or executed on the NYSE.

Corporate actions and operations that are not sanctioned by corporate charter, sometimes leading to shareholder lawsuits.
Umbrella personal liability policy ...

Authorized Shares definition :
Number of shares authorized for issuance by a firm's corporate charter.
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Number of shares authorized for issuance by a firm's corporate charter.
Autocorrelation
The correlation of a variable with itself over successive time intervals. Sometimes called serial correlation.
Automated bond system (ABS) ...

something disallowed by rules an act that is not permitted by applicable rules such as those of a corporate charter. Such acts may lead to contracts being void.
ultra vires activity - Related Articles ...

Events and changes that must be reported - in most cases within four days - include bankruptcy, mergers, acquisitions, amendments to the corporate charter or by-laws, a change of directors, a change in the fiscal year, ...

UNIT INVESTMENT TRUST An investment company organized under a trust indenture rather than a corporate charter. Investments are made in a fixed portfolio usually consisting of bonds, and deposited with a trustee, that is normally a bank.

Quorum - The minimum acceptable level of individuals with a vested interest in a company needed to make the proceedings of a meeting valid under the corporate charter.

Contacts made with a clerk of the court to obtain publicly available court records; and
Contacts made with state officials to obtain corporate charters or other publicly available information regarding corporate taxpayers or exempt organizations.

against others with claims on a corporate enterprise. This ownership is represented by a stock certificate, which names the company and the shareowner. The number of shares a corporation is authorized to issue is detailed in its corporate charter.

But the fundamental problem with this traditional justification is that it harkens back to the eighteenth century, when a corporate charter carried with it state-granted privileges such as monopoly power or exemption from specific laws.

corporate charter A document, filed with a U.S. state by a corporation's founders, describing... corporate fiduciary A trust institution serving in a fiduciary capacity, such as executor, administrator, trustee or guardian.

See also: Banks, Bills, Values, Financial planning, Net present value