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Automatic stay

The financial definition for Automatic stay:

The restricting of liabilityholders from collection efforts related to collateral seizure. Automatically imposed when a firm files for bankruptcy under Chapter 11.




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Automatic Data Processing (ADP)

Automatic Data Processing (ADP)
Acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners.


Automatic exercise

Automatic exercise
A protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf of the holder.


Automatic extension

Automatic extension
An automatic extension of time granted to a taxpayer to file a tax return.


Further Suggestions

Automatic funds transfer
Automatic reinvestment
Automatic withdrawal
National Association of Securities Dealers Automatic Quotation System (Nasdaq)


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Automatic stay
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