law of exchange

  • 1exchange — 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

  • 2exchange of property — A transaction wherein parties trade goods, or commodities, for other goods, in contrast with a sale or trading of goods for money. Dictionary from West s Encyclopedia of American Law. 2005. exchange of property …

    Law dictionary

  • 3exchange 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

  • 4exchange-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

  • 5exchange 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

  • 6exchange-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

  • 7Exchange Act — Securities Exchange Act of 1934, as amended (Exchange Act) USA The federal statute regulating reporting obligations of reporting companies, tender offers, certain trading practices, insider trading and the registration and conduct of broker… …

    Law dictionary

  • 8exchange 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

  • 9Exchange Rate Mechanism — (ERM) One of the components for the establishment of the single European currency. It provided a central exchange rate for national currencies against the European Currency Unit, thereby intending to stabilise exchange rates, encourage trade… …

    Law dictionary

  • 10exchange 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