单词 | DILUTION |
释义 | The act of reducing the proportion of ownership held by current investors through issuance of new shares of COMMON STOCK (or through the exercise of outstanding stock OPTIONS or the conversion of CONVERTIBLE BONDS). In order to protect investors against dilution from new issuance, a company may choose to float a RIGHTS ISSUE, giving existing shareholders the right of first refusal in taking up new shares. See also FULLY DILUTED BASIS. |
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法律词典收录了41026条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。