The Law Dictionary

DUMMY DIRECTOR

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

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

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The named holder of shares of stock who holds them on behalf of the actual owner. … [Read more...]

DUMP BUYBACK

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

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

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

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

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In old records. A bank of earth cast up; the side of a ditch. Cowell. … [Read more...]

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