Banking and Stock Glossary
Stake held by a company in another company that exceeds a certain amount (in general 10% or 25%) of the company's equity.
Under certain circumstances, minority interests can lead to domestic or international tax privileges.
Form of dividend payment particularly common in the U.S.A. where dividends are paid quarterly rather than annually.
Also: Interim Report. Listed stock corporations deciding to become a member of the Prime Standard of Deutsche Börse AG undertake to publish quarterly reports in addition to an annual report. These reflect the period under review and increase transparency of company developments. Quarterly reports must at least include a balance sheet, statement of income, statement of cash flows and some additional information on business activities and the company. Many companies which are not listed in the Prime Standard publish quarterly reports on a voluntary basis. These reports, however, vary considerably in scope and content.
See exchange price.
A market where market makers set bid and ask prices and execute (buy and sell) orders. In Germany, Eurex trading is based on this principle. Opposite: order-driven market.
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