Staggered board of directors

A board of directors only a part of which is elected each year, usually to discourage Takeover attempts.

Related Terms: 2 ACH, Takeover

Other Related Pages: Category: Mergers_and_Acquisitions Starting With: S

Additional Related Terms: 10-K, ACH, Above par, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage