Corporate charter

Corporate Charter - a corporate charter are the bylaws and articles of a corporation that describe how the company should be managed. The corporate charter is a legal document filed by the state by the founders of the company.

corporate charter investment & finance definition
The articles of incorporation and bylaws that establish how a company should be governed.

Corporate charter
A legal document creating a corporation.
Corporate equivalent yield
A comparison of the after-tax yield of government bonds selling at a discount and corporate bonds selling at par.

Preemptive Right - 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.

Number of shares authorized for issuance by a firm's corporate charter.
Related Terms:
Certificate of Incorporation
The filing with a U.S. state's government (typically the Department of State) to create a corporation. ...

A special clause located within a firm's corporate charter that acts as a deterrence against the board of directors passing a share buyback.

Anti-Martingale System ...

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

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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, ...

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

Companies generally set forth the distinguishing features of their share classes in their corporate charter and bylaws.

This ownership is represented by a certificate, which names the shareowner and the company or fund. The number of shares a company is authorized to issue is detailed in its corporate charter. Most mutual funds can issue unlimited shares.

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.

common or preferred stock typically have enhanced voting rights or other benefits compared to the other forms of shares that may have been created. The equity structure, or how many types of shares are offered, is determined by the corporate charter.

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: Chart, Investment, Share, Stock, Market