These laws enable shareholders to sell their stakes to a "controllin" shareholder at a price based on the highest price of recently acquired shares. This works something like Fair-Price provisions extended to nontakeover situations. A few states have these laws.
Cash account A brokerage account that settles transactions on a cash-rather than credit-basis.
Cash & carry
Cash & carry Applies to derivative products. Combination of a long position in a stoc../../finance-glossary/index/commodity and short position in the underlying futures, which entails a cost of carry on the long position.
Cash asset ratio
Cash asset ratio Cash and marketable securities divided by current liabilities. See: Liquidity ratios.