Mandatory Corporate Action
From Open Risk Manual
Definition
Mandatory Corporate Action. An event where there are no choice on the part of the Holder.
for the purposes of clarity: Mandatory here means mandatory on the holder. Corporate Events as a whole are defined in terms of being mandatory on the part of the Issuer. In other words, Mandatory actions versus mandatory reactions. See Barron's: Dictionary of banking terms - no definition of Corporate Action.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Mandatory Corporate Action"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/CAE/CorporateEvents/CorporateActionsEvents/index-en.html + |
