terms of an exchange
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exchange — ex·change n 1 a: a giving of something of value (as real property) in return for something of equal value (as money or property of a like kind) b in the civil law of Louisiana: a giving of something of value in return for something of equal value … Law dictionary
Exchange — may mean: * Trade or barter, the voluntary exchange of goods and/or services * Social exchange * Student exchange program or high school exchange * Exchange rule, from Mathematical Logic * The exchange (chess), the value difference between rook… … Wikipedia
exchange theory — Exchange theories view social order as the unplanned outcome of acts of exchange between members of society. There are two major variants. Rational choice (or, as it is sometimes known, rational action) theory locates the source of order in the… … Dictionary of sociology
exchange ratio — USA The number of shares of the acquiring company exchanged for one target company share in a merger. For example, if X Corporation paid each Y Corporation (target) stockholder 0.75 shares of X stock in exchange for each share of Y stock, the… … Law dictionary
exchange offer — an offer by an issuer of debt securities to exchange new securities with less onerous provisions for currently outstanding securities. Companies often make exchange offers in an attempt to avoid bankruptcy (Glossary of Common Bankruptcy Terms)… … Glossary of Bankruptcy
exchange of contracts — The key step in the process of transferring property is when the buyer and seller exchange signed contracts and thereby create a legally binding agreement between them. Easyform Glossary of Law Terms. UK law terms … Law dictionary
exchange traded contracts — Exchange traded futures contracts are standardised in terms of delivery date, contract terms and amount. These are traded on the LIFFE. London Stock Exchange Glossary … Financial and business terms
exchange-traded contracts — Exchange traded futures contracts are standardised in terms of delivery date, contract terms and amount. These are traded on the LIFFE. London Stock Exchange Glossary … Financial and business terms
exchange traded funds — (ETFs) Collective investment vehicles which track indices. + exchange traded funds USA Also known as ETFs. A pool fund invested with a stated investment objective, for example, a tracker fund f … Law dictionary
exchange-traded funds — (ETFs) Collective investment vehicles which track indices. + exchange traded funds USA Also known as ETFs. A pool fund invested with a stated investment objective, for example, a tracker fund for the energy sector or geographical area. Shares… … Law dictionary
exchange traded derivative — A financial contract traded on a regulated derivative exchange, such as the London International Financial Futures Exchange (LIFFE) and the Chicago Board of Trade. Only members of the exchange are permitted to finalise contracts, and non members… … Law dictionary