The director of a corporation that has no real interest in running the corporation, acts out the directives of others and serves merely as a figurehead. … [Read more...]
DUMMY SHAREHOLDER
The named holder of shares of stock who holds them on behalf of the actual owner. … [Read more...]
DUMP BUYBACK
Where the owners of a failing business create a new entity and attempt to buy out the assets of the failing business at a significantly lower cost either in bankruptcy or during a liquidation phase. … [Read more...]
DUN
A mountain or high open place. The names of places ending In dun or don were either built on hills or near them in open places. … [Read more...]
DUNA
In old records. A bank of earth cast up; the side of a ditch. Cowell. … [Read more...]