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Blank check |
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Blank checkA check that is duly signed, but the amount of the check is left blank to be supplied by the drawee.Blank check Similar MatchesBlanket recommendationBlanket recommendationA recommendation by a brokerage firm sent to all its customers advising that they buy or sell a particular stock regardless of stock objectives or stock size. Blanket certification formBlanket certification formSee: NASD form FR-1 Blanket MortgageBlanket MortgageA mortgage that covers at least two pieces of real estate as collateral for the same mortgage. Blank Check Preferred StockBlank Check Preferred StockThis is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeover by placement of this stock with friendly investors. Blanket MortgageBlanket Mortgage(1) A mortgage covering more than one property of the mortgagor, such as a mortgage covering all the lots of a builder in a subdivision. (2) A mortgage covering all real property of the mortgagor, both present and future. When used in this meaning it is also called a "general mortgage". Further SuggestionsBlank check offeringBlanket mortgage Blanket insurance policy Blanket fidelity bond |
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