A written contract between the company and the shareholder (or potential shareholder) of the company which states the rules and manner in which actions concerning the shares shall be conducted. For example, there may be a right for the company to buy the shares from the shareholder first before they are offered to a third party. See also buy-sell agreement … [Read more...] about SHAREHOLDER AGREEMENT
SHAREHOLDER AGREEMENT
SHAREHOLDER ACTION
A lawsuit that is started by the shareholders. … [Read more...] about SHAREHOLDER ACTION
SHAREHOLDER
A person (which may be a corporation) who owns a portion of a for-profit corporation. Also known as a stockholder; a shareholder has legal rights conferred by state law and are also contained within the bylaws of the corporation and a shareholders agreement if there is one. Rights typically include notification of annual shareholders meetings, ability to elect directors and … [Read more...] about SHAREHOLDER
SHARED EQUITY MORTGAGE
A type of home loan where the lender receives a share of the equity in the home in return for provide the funds or a portion of the down payment. When the home is subsequently sold, the lender is entitled to a part of the proceeds. … [Read more...] about SHARED EQUITY MORTGAGE
SHARED CUSTODY
See joint custody where the custody of a child is shared between both parents. See also legal custody and physical custody. … [Read more...] about SHARED CUSTODY