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Two tier bid |
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Two tier bidTakeover bid in which the acquirer offers to pay more for the shares needed to gain control than for the remaining shares, or to pay the same price but at different times in the merger period; contrasts with any-or-all bid.Two tier bid Similar MatchesUtility possibility frontierUtility possibility frontierIn a diagram with levels of individual utility on the axes, a curve showing the maximum attainable levels of utility in a given situation, such as free trade or autarky. Used by Samuelson (1962) to demonstrate the gains from trade. Two tier tax systemTwo tier tax systemTaxation system that results in taxing the income going to shareholders twice. Factor price frontierFactor price frontierA curve in factor space showing the minimum combinations of factor prices consistent with absence of profit in producing one or more goods, given their prices. Since, with perfect competition, profit implies disequilibrium, this shows a lower bound on equilibrium factor prices. RentierRentierA person whose income comes mainly from rent on land or, more broadly, from assets rather than labor. (Pronounced "Ron' Tee Yay".) Delivered at Frontier (DAF)Delivered at Frontier (DAF)Seller must supply the goods at his or her own risk and expense delivered to a named place (usually a border location) by a specified time. The buyer is responsible for the importation. This is normally is used with rail, truck, or multi-modal shipments. Further SuggestionsEfficient frontierMinimum variance frontier Production possibility frontier Tier 1 and Tier 2 Consumption possibility frontier |
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