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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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M2 The medium-range monetary aggregate for the U.S. economy containing the combination of M1 (currency and checkable deposits) and short-term, small denomination near monies. M2 contains financial assets that either function directly as money for the U.S. economy or can be easily and quickly converted into money. The near monies added to M1 to derive M2 include savings deposits, certificates of deposit, money market deposits, and money market mutual funds. M2 is one of three monetary aggregates tracked and reported by the Federal Reserve System. The other two are designated M1 and M3.
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The portrait on the quarter is a more accurate likeness of George Washington than that on the dollar bill.
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"Anything's possible. You can be told you have a 90% chance or a 50% chance or a 1% chance, but you have to believe, and you have to fight. " -- Lance Armstrong, cyclist
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CBOE
Chicago Board Options Exchange
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