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HOSTILE BID: The price a buyer is willing to pay to purchase enough stock to obtain controlling interest in company during a hostile takeover. A hostile bid price is inevitably greater than the current market price of the stock. The higher price is designed to induce reluctant stockholders to sell their stock.

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DETERMINANT

This has one of two somewhat related meanings. First, it refers to a ceteris paribus factor that is held constant when a curve or graphical relation between two other variables is constructed. Second, it refers to a known directional change in a variable resulting from the disruption of an equilibrium that is identified using comparative statics.

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Today, you are likely to spend a great deal of time at an auction looking to buy either a replacement washer for your kitchen faucet or a stretchable, flexible watch band. Be on the lookout for deranged pelicans.
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Approximately three-fourths of the U.S. paper currency in circular contains traces of cocaine.
"Advice is like snow ‚ the softer it falls, the longer it dwells upon and the deeper it sinks into the mind. "

-- Samuel Taylor Coleridge, poet

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