cash alternative
In the context of UK takeovers, the cash element where the bidder offers target shareholders the choice between bidder securities and cash.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • cash underpinning agreement: synopsis — A note of the main terms of a cash underpinning arrangement (also known as a cash underwritten alternative) applying on a takeover bid. A cash underpinning arrangement (also known as a cash underwritten alternative) will be required where the… …   Law dictionary

  • cash underwritten alternative — Also known as cash underpinning. An arrangement entered into by the bidder in an offer where the consideration consists of bidder shares, under which target shareholders may elect to receive cash instead of shares, the cash being provided by the… …   Law dictionary

  • cash underpinning — See cash underwritten alternative Related links cash alternative cash underwritten alternative cash underpinning agreement …   Law dictionary

  • cash-and-shares — UK US adjective [before noun] ► FINANCE used to describe a takeover (= when a company gets control of another company) in which the buyer offers a combination of money and shares to shareholders: cash and shares bid/offer/deal »Shareholders can… …   Financial and business terms

  • Alternative-Country — Musiker David Eugene Edwards von der Band 16 Horsepower Alternative Country, Americana, Insurgent Country, oder auch der etwas weiter gefasste Begriff Roots Rock sind Genrebezeichnungen für eine Ende der 1980er Jahre entstandene Musik, die… …   Deutsch Wikipedia

  • Alternative currency — is a term that refers to any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). Alternative currencies can be created by an individual, corporation, or… …   Wikipedia

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  • Alternative Country — Musiker David Eugene Edwards von der Band 16 Horsepower Alternative Country, Americana, Insurgent Country, oder auch der etwas weiter gefasste Begriff Roots Rock sind Genrebezeichnungen für eine Ende der 1980er Jahre entstandene Musik, die… …   Deutsch Wikipedia

  • cash settlement — A financial instrument is cash settled if the underlying asset is not delivered or transferred to the counterparty in exchange for a specified payment when the instrument reaches maturity. Instead, the owner of the financial instrument accepts an …   Law dictionary

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