Detailed Table of Terms

switch to abbreviated table of terms

This section shows all equity instruments along with their terms. Those terms which are relationships to components of these securities, are shown in the diagrams. The components themselves are defined in the relevant components sections (for example dividend payment terms are contractual terms).

Line Term type Term Definition Synonym Simple Type Related Thing Multiples Business Justification Term Origin Definition Source Consensus Last Modified
1 Thing Company Equity Terms Set  Terms setting out the equity in a company, including the various kinds of rights, the shares that embody those rights etc.                  Review   21-Jun-10
2 Parent Is a       Contract Terms Set           21-Jun-10
3 Thing Company Legal Form Documentation  The articles of associations which are defined when a registered company (specifically a company limited by the issue of shares) is set up.    Articles of Incorporation. Company Constitution. Articles of Association.           In some (or all?) Jurisdictions the articles in the company constitution become terms of the contract which is a share in that company.        Review  21-Jun-10
4 Parent Is a       Constitution           21-Jun-10
5 Relationship fact sets out  The terms set out in the Company Constitution or Articles of Incorporation. These become contractual terms of the individual classes of share issued by the company, including non binding terms for the payments of dividends.        Company Equity Terms Set   Consensus on model but definition wording not reviewed.       Review  21-Jun-10
6 Relationship fact governing law  The Jurisdiction in which the Company Legal Form is defined.        Jurisdiction       MB Draft   Review  21-Jun-10
7 Thing Convertible Participating Preference Share  A preference share that can be converted into common shares at a fixed conversion price. Preference or preferred shares entitle a holder to a prior claim on any dividend paid by the company before payment is made on ordinary shares.             CFI:Preference Convertible Share   CFI adapted   Yes   21-Jun-10
8 Parent Is a       Convertible Preference Share           21-Jun-10
9 Parent Is a       Participating Preference Share         Yes 21-Jun-10
10 Thing Convertible Preference Share  A Preferred Share which is convertible into another security.    Convertible Preferred Share.             CFI: Preferred convertible shares       21-Jun-10
11 Parent Is a       Preference Share         Yes 21-Jun-10
12 Parent Is a       Convertible Share         Review 21-Jun-10
13 Disjoint mutually exclusive    Participating Preference Share and Preference Convertible Share are mutually exclusive. This means that a participating preference share may not also be a preference convertible share. It may however be a Participating Preference Convertible Share, which is a type of Participating Preference Share. Either one may however be cumulative or non cumulative.        Participating Preference Share          Yes 21-Jun-10
14 Relationship fact convertible into  The security into which the Convertible Preferred Share can be converted. This is always a publicly issued share.       Issued Share         Review 21-Jun-10
15 Thing Convertible Share  A Share which is convertible into another security, usually a share in the same company.             CFI: Convertible shares   CFI       21-Jun-10
16 Parent Is a       Issued Share         Yes 21-Jun-10
17 Relationship fact has terms  Terms governing the Conversion of a Convertible Share.       Equity Conversion Terms Set           21-Jun-10
18 Relationship fact convertible into  The security into which the convertible share can be converted. This can be any tradable security.        Security   The security to which the convertible security may be converted may be defined in the Company Constitution.        Review 21-Jun-10
19 Logic Coupon OR Dividend  Either a Preference Share Coupon or an Ordinary Share Dividend.              SMER   SR Draft   Review   21-Jun-10
20 Relationship fact selection  Coupon is a Preference Share Coupon     Preference Share Coupon           21-Jun-10
21 Relationship fact selection  Coupon takes the form of an Ordinary Share Dividend     Ordinary Share Dividend           21-Jun-10
22 Thing Cumulative Preference Share  Cumulative preference shares will accumulate any dividend that is not paid when due.           Cumulative Preference Shares must get dividend at the rate already fixed at the time of issue. If a company finds itself unable to pay such a dividend for a particular financial year it would be accumulated to that of the next year. Until paid the dividend would go on accumulating.  Any unpaid dividend is added to the amount payable the following year and no dividends can be paid on ordinary shares until the entire backlog of unpaid dividends on cumulative preference shares is cleared.  All preference shares are either cumulative or non cumulative.    EDMC SME Review   EDMC SME Review   Yes   21-Jun-10
23 Parent Is a       Preference Share         Yes 21-Jun-10
24 Disjoint mutually exclusive    All preference shares are either cumulative or non cumulative and these two classes of share are mutually exclusive, i.e. it cannot be both.        Non Cumulative Preference Share          Yes 21-Jun-10
25 Simple fact Cumulative    Whether or not the payment of the fixed dividend, if not made in a given trading year, is carried forward to the next trading year.   This is no: skipped payments are not carried forward.      yes/no    yes       Review 21-Jun-10
26 Thing Depositary Bank  A bank which is set up and authorized to issue Depositary Receipts.                  Review   21-Jun-10
27 Parent Is a       Bank           21-Jun-10
28 Thing Depositary Receipt Issuer  The party which is the issuer of a Depository Receipt in some jurisdiciton.                  Review   21-Jun-10
29 Parent Is a       Security Issuer           21-Jun-10
30 Relationship fact identified as  The identity of the Depositary Receipt Issuer, which is a Depositary Bank.        Depositary Bank         Review  21-Jun-10
31 Thing Equity Conversion Terms Set  Contractual specifications when an Equity security can be converted to another security (usually of the same issuer).                   21-Jun-10
32 Parent Is a       Conversion Terms Set           21-Jun-10
33 Parent Is a Equity conversion terms are a kind of company Equity Terms and may be set out in the company Prospectus.        Company Equity Terms Set         Review 21-Jun-10
34 Relationship fact specifies conversion into  The security into which these terms specify that the convertible equity can be converted.       Security   Note this is related to the term Convertible Share convertible into Security. This is a three way relationship that cannot be formally modeled as such in this format.        Action  21-Jun-10
35 Simple fact Conversion Date    Date on or after which the specified conversion may take place.     date              21-Jun-10
36 Union Equity Instrument  Stock or any other security representing an ownership interest.   In terms of investment strategies, equity (stocks) is one of the principal asset classes. These are used in asset allocation planning to structure a desired risk and return profile for an investor's portfolio.            this class is a logical union of equity related instruments that are classified together from an investment strategy perspective as outlined above.       Review   21-Jun-10
37 Union Of Union Of       International Depositary Receipt         Review 21-Jun-10
38 Union Of Union Of       Issued Share         Review 21-Jun-10
39 Union Of Union Of       Fund Share Class Unit         Review 21-Jun-10
40 Thing Equity Instrument Issue Information  Information about the Issuance of an Equity Security, which is maintained throughout the life of the Security.                    21-Jun-10
41 Parent Is a       Issued Security Issue Information           21-Jun-10
42 Thing Equity Listing  The listing of an equity security (stock) on an equities exchange or multilateral trading facility.            This is not the security or the exchange but the listing of the security on the exchange. Facts defined for Equity Listing are facts about that security listed on that exchange or trading facility.    FIBIM: TradingMarket adapted   SMER   Review   21-Jun-10
43 Parent Is a       Security Listing           21-Jun-10
44 Thing Equity Priority Terms  Terms setting out the priority of a given class of Equity. These are the terms under which the holder of that class of equity has a call on the equity in the event of the issuing entity being wound up.                  Review   21-Jun-10
45 Parent Is a       Company Equity Terms Set           21-Jun-10
46 Thing Extraordinary Voting Right  The right to vote at extraordinary meetings, as opposed to being able to vote at annual general meetings.                 Review   21-Jun-10
47 Parent Is a       Voting Right         Review 21-Jun-10
48 Simple fact Type of voting rights    The specification of voting rights for the security, in this case extraordinary voting rights.      Voting Rights Type Selection    Extraordinary       Review 21-Jun-10
49 Thing Founders Share  A share which is not tradable and which is held by founders of the compsny. Ths is stock that pre-dates any flotation of the company.           Question: is there a distinction between this specific thing and the more general class of non traded shares? If not they are synonyms.  Original review note:  Founders share: not a traded stock.        Review   21-Jun-10
50 Parent Is a       Privately Held Share           21-Jun-10
51 Thing International Depositary Receipt  Certificate which represent ownership of an underlying Equity.            Additional facts which are not shown as they do not define the instrument as such. but could be added, uinclude the fact that the underlying is a security which has a restriction on owner domicile. These may also funge back after the restriction period. This could be shown but does not need to be.        Yes   21-Jun-10
52 Parent Is a       Exchange Traded Security           21-Jun-10
53 In Union Classified as Equity        Equity Instrument         Review 21-Jun-10
54 Relationship fact issuer  The Issuer of a Depository Receipt, which is a Depositary Bank.        Depositary Receipt Issuer         Review  21-Jun-10
55 Relationship fact has underlying  The underlying Security to which this Depositary Receipt relates.        Issued Share         Review 21-Jun-10
56 Relationship fact authorized under  The jurisdiction under which the DR is authorized Also the jurisduction  on account of the regulations of which the DR is set up.       Jurisdiction         Review  21-Jun-10
57 Simple fact Multiplier    The number of underlying shares (whether multiple or fractional) represented by a single Depositary Receipt.     whole number          BoNY Mellon   Review  21-Jun-10
58 Simple fact Number of Certificates Issued    The number of certificates issued to the general public.      whole number            Review  21-Jun-10
59 Thing Issued Equity Priority Terms  Terms setting out the priority of a given class of publicly issued Equity. These are the terms under which the holder of that class of issued equity has a call on the equity in the event of the issuing entity being wound up.            This is shown in addition to Equity Priority Terms but will not necessarily be a separate ste of terms. It may be those additional priority related terms included when equity is publicly issued in that company.        Review   21-Jun-10
60 Parent Is a       Equity Priority Terms           21-Jun-10
61 Thing Issued Share  A publicly traded security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.    Publicly Issued Share.             FIBIM: EquityV02   SMER   Yes  21-Jun-10
62 Parent Is a       Share         Yes 21-Jun-10
63 Parent Is a       Exchange Traded Security         Yes 21-Jun-10
64 In Union Classified as Equity        Equity Instrument         Review 21-Jun-10
65 Relationship fact senior to  The share has a higher seniority than the related share, meaning that it gives the holder a higher claim on the assets of the issuing entity in the event of the winding up of that entity.       Issued Share may be some   SMER   SMER   Yes 21-Jun-10
66 Relationship fact has holder  A party which holds the publicly issued share.       Public Shareholder one or more       Review  21-Jun-10
67 Relationship fact confers ownership of  Equity represented by the Publicly Issued Share and owned by the Holder of that share in proportion to the amount of the issue that they hold.        Issued Equity   A person or organization that holds at least a partial share of stock is called a shareholder.  FIBIM association "Capital" assumed to be the same meaning here.   Equity:Capital   MB Draft   Review  21-Jun-10
68 Relationship fact has issuance information  Issuance Information specific to this Equity Instrument      Equity Instrument Issue Information           21-Jun-10
69 Relationship fact has listing  A listing of the share on an exchange or multilateral trading facility.        Equity Listing     FIBIM: TradingMarket (part)   SMER   Review 21-Jun-10
70 Relationship fact confers  The right of a stockholder to vote on matters of corporate policy as well as on who is to compose the board of directors. Rights can be of junior or senior rank (precedence of ranks).       Voting Right may be       Review  21-Jun-10
71 Relationship fact has price  The price of the share on some exchange at some time.       Share Price           21-Jun-10
72 Relationship fact has priority terms  Terms setting out the priority rights attached to the Issued Share.        Issued Equity Priority Terms         Review  21-Jun-10
73 Relationship fact has status  The status of the shares at a given point in time.        Current Share Status     FIBIM = PaymentStatus interpretation   MB Draft      21-Jun-10
74 Simple fact Free Float    The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.      whole number      This term therefore depends on the definition of restricted shares. Different types of restriction taken into account would lead to different free float values.  See also the definition of "Liquid shares" in Article 22 of the Commission Regulation (EC) No 1287/2006.  Outcome: "under some kind of sales restriction", restricted stock wrt SEC regulations. Insider trading related term? People can't trade in a given stock for a certain period whren a company goes public.   This may be jurisdiction dependent but for a given share there is only going to be one definition of restriction and one definition of free float. This makes the term unambiguous.    SMER   SMER   Review  21-Jun-10
75 Simple fact Voting Rights Per Share    Number of voting rights per share.     whole number      This will be different for preference shares (see transparency directive). These may have enhanced voting rights.   FIBIM: VotingRightsPerShare   FIBIM   Yes  21-Jun-10
76 Relationship fact Non Paid Amount Nominal amount which is not paid yet.       Monetary Amount      FIBIM:NonPaidAmount   FIBIM   Yes  21-Jun-10
77 Simple fact Par Value    A dollar amount that is assigned to a security when representing the value contributed for each share in cash or goods. (definition from Investor Words)     Monetary Amount    may be from Wikipedia:  Par value is a nominal value of a security which is determined by an issuer company at a minimum price. Par value of an equity (a stock) is a somewhat archaic concept. The par value of a stock was the share price upon initial offering; the issuing company promised not to issue further shares below par value, so investors could be confident that no one else was receiving a more favorable issue price. This was far more important in unregulated equity markets than in the regulated markets that exist today.  Most common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency commonly used), for example a penny par value on a stock issued at USD$25/share. Most states do not allow a company to issue stock below par value.  No-par stocks have no par value printed on its certificates. Instead of par value, some U.S. states allow no-par stocks to have a stated value, set by the board of directors of the corporation, which serves the same purpose as par value in setting the minimum legal capital that the corporation must have after paying any dividends or buying back its stock.   FIBIM: ParValue   Investor Words; Wikipedia.   Yes  21-Jun-10
78 Thing Junior Equity  The most junior class of equity issued by a company. On the event of the company being wound up, holders of this class of equity have a call on the assets of the company only after the more senior classes of equity.                  Review   21-Jun-10
79 Parent Is a       Issued Equity           21-Jun-10
80 Relationship fact priority defined in  The terms in which the priority of the Junior Equity is defined.        Junior Equity Priority Terms         Review  21-Jun-10
81 Simple fact Priority    The seniority of the equity. This is the order of precedence in which holders of different classes of equity will have a call on the assets of the company in the event of it winding up. In the case of ordinary equity this is the lowest seniority i.e. it has the last call on the assets of the company.    Seniority    Junior         21-Jun-10
82 Thing Junior Equity Priority Terms  The precise terms which define the seniority of this class of Equity. This is equity which has the lowest call on the assets of the issuer in the event of it being wound up, i.e. after Senior Equity and (if issued) other classes of equity.                    21-Jun-10
83 Parent Is a       Issued Equity Priority Terms           21-Jun-10
84 Thing Limited Partnership Unit  A limited partnership is a form of partnership similar to a general partnerhip, except that in addition to one or more general partners (GPs) there are one or more limited partners (LPs).           Like shareholders in a corporation, the LPs have limited liability, i.e. they are only liable on debts incurred by the firm to the extent of their registered investment, and they have no management authority. The GPs pay the LPs the equivalent of a dividend on their investment, the nature and extent of which is usually defined in the partnership agreement.         21-Jun-10
85 Parent Is a       Transferable Contract           21-Jun-10
86 Relationship fact confers  Voting rights conferred by the Limited Partnership Unit.      Voting Right           21-Jun-10
87 Relationship fact defines restrictions  Restrictions defined on the Limited Partnership Unit.       Limited Partnership Unit Restriction           21-Jun-10
88 Simple fact Payment Status    Payment Status of the Unit.      Security Payment Status      REVIEW: Need a meanignful definition.        Action  21-Jun-10
89 Thing Limited Partnership Unit Restriction  Restrictions on ownership or transfer of the Units.                    21-Jun-10
90 Parent Is a       Security Contractual Restriction           21-Jun-10
91 Simple fact Restricted    Yes = Restricted; No = Free.     yes/no              21-Jun-10
92 Relationship fact Investor Type Type of investor that is allowed to hold the security.      Investor Type            21-Jun-10
93 Thing Non Cumulative Preference Share  Non Cumulative Preference Shares are preference shares where the payment of the fixed dividend, if not made in a given trading year, is not carried forward to the next trading year.            All preference shares are either cumulative or non cumulative.    EDMC SME Review   EDMC SME Review   Yes   21-Jun-10
94 Parent Is a       Preference Share         Yes 21-Jun-10
95 Disjoint mutually exclusive    All preference shares are either cumulative or non cumulative and these two classes of share are mutually exclusive, i.e. it cannot be both.        Cumulative Preference Share         Yes 21-Jun-10
96 Simple fact Cumulative    Whether or not the payment of the fixed dividend, if not made in a given trading year, is carried forward to the next trading year.   This is yes: skipped dividend payments are accumulated until they are finally paid.      yes/no    no       Review 21-Jun-10
97 Thing Ordinary Dividend Terms Set  Formal terms about the Dividend payments on an Ordinary Share.            These are terms are not contractually binding on the company.          21-Jun-10
98 Parent Is a       Company Equity Terms Set           21-Jun-10
99 Parent Is a       Non Binding Terms Set           21-Jun-10
100 Relationship fact Dividend Payment Frequency The frequency with which dividends are expected to be paid out.       Frequency      FIBIM: PaymentFrequency   SR Draft    21-Jun-10
101 Simple fact Dividend Payment Date    The day and month on which dividends are to be paid.     day and month    1 to 12         21-Jun-10
102 Simple fact Dividend Ex Date    The day and month on which the security is traded "Ex Dividend".     day and month        SR Draft   SR Draft     21-Jun-10
103 Simple fact Distribution Method    Method by which Dividend payments are to be distributed.     Distribution Mechanism    may be         21-Jun-10
104 Simple fact Auto Reinvestment    Whether the security provides for mandatorily & automatically re-investing the dividend from that security towards buying more of the same security.    yes/no              21-Jun-10
105 Thing Ordinary Share  A security that represents ownership in a corporation. Holders of common share exercise control by electing a board of directors and voting on corporate policy. Common stockholders are on the bottom of the priority ladder for ownership structure. In the event of liquidation, common shareholders have rights to a company's assets only after bondholders, preferred shareholders and other debtholders have been paid in full.    Common Share.             CFI     Yes  21-Jun-10
106 Parent Is a       Issued Share         Yes 21-Jun-10
107 Disjoint mutually exclusive    Ordinary Share and Preference Share are mutually exclusive. This means that a share cannot be both an ordinary share and a preference share. Either one may however be a convertible share.        Preference Share          Yes 21-Jun-10
108 Relationship fact pays  The Dividend which may be paid to the Holder from time to time as a result of and in proportion to their holding of the Shares.        Ordinary Share Dividend     FIBIM: DividendParameters   SR Draft      21-Jun-10
109 Relationship fact senior to  Shares are of a class of Ordinary Share which has a higher seniority than the related class, also of ordinary shares. This means that it gives the holder a higher claim on the assets of the issuing entity in the event of the winding up of that entity.       Ordinary Share may be some   SMER   SMER   Yes 21-Jun-10
110 Relationship fact confers  The right of a holder of ordinary shares to vote on matters of corporate policy as well as on who is to compose the board of directors.        Ordinary Share Voting Right         Review  21-Jun-10
111 Relationship fact confers ownership of  The lowest level of the ownership structure.      Junior Equity           21-Jun-10
112 Thing Ordinary Share Voting Right  The voting rights conferred on holders of Ordinary Shares in the company. The precise details of these rights such as what shareholders may vote on and how their voting right is exercised, are defined in the Company Constitution or Articles of Incorporation / Articles of Association.                    21-Jun-10
113 Parent Is a       Voting Right           21-Jun-10
114 Simple fact Type Of Voting Rights    The specification of voting rights for the security. These are defined as Ordinary voting rights, which give the holder the right to vote at meetings of the company along with other shareholders, on matters of policy and direction and the election of office bearers.      Voting Rights Type Selection    Ordinary       Review 21-Jun-10
115 Thing Other Equity Priority Terms  The precise terms which define the seniority of this class of Equity. These will set it apart from the highest of lowest seniority (senior or junior debt) and may be defined for more than one additional class of equity.   These terms are defined by the issuer.                   21-Jun-10
116 Parent Is a       Issued Equity Priority Terms           21-Jun-10
117 Thing Other Seniority Equity  Equity which is neither the most senior nor the most junior. The precise terms under which this equity is held, and the definition of the call on the assets of the company in the event of it winding up, will be defined by the issuing company and are not modelled here as they may vary from one company to another. There may be more than one class of such equity issued by a company.                  Review   21-Jun-10
118 Parent Is a       Issued Equity           21-Jun-10
119 Relationship fact priority defined in  The terms in which the priority of this class of is defined.        Other Equity Priority Terms         Review  21-Jun-10
120 Simple fact Priority    The seniority of the equity. This is the order of precedence in which holders of different classes of equity will have a call on the assets of the company in the event of it winding up. In this class of equity this is defined as being "Other" than highest or lowest, with the precise terms and order of precedence being defined in the priority terms.    Seniority    Other         21-Jun-10
121 Thing Participating Preference Share  Like the preferred shares, participating preference shares have a prior claim on dividends, and on assets in an event of corporate liquidation or dissolution. But preferred stock would take precedence over preference stock in respect of dividends and assets that may be available for distribution.    Preference Share. Participating Preferred Share.             CFI: Preference Share   CFI adapted from definition for Preference Share.   Yes  21-Jun-10
122 Parent Is a       Preference Share         Yes 21-Jun-10
123 Disjoint mutually exclusive    Participating Preference Share and Preference Convertible Share are mutually exclusive. This means that a participating preference share may not also be a preference convertible share. It may however be a Participating Preference Convertible Share, which is a type of Participating Preference Share. Either one may however be cumulative or non cumulative.        Convertible Preference Share         Yes 21-Jun-10
124 Relationship fact senior to  Preference Share is senior to Preferred Shares in terms of the seniority of the Equity they represent.        Preference Share     SMER   SMER   Yes 21-Jun-10
125 Relationship fact optionally pays  The Participating Preference Share class gives the holder participation in the profits of the issuing company by way of ordinary share dividends, in addition to any fixed preference share coupons.        Ordinary Share Dividend may be   FIBIM: DividendParameters   SR Draft   Yes  21-Jun-10
126 Simple fact Maturity Date    Date/time at which the security will no longer exist, eg, redeemable preference shares.     date        FIBIM:MaturityDate  Definition:FIBIM        21-Jun-10
127 Thing Preference Share  A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock. Preferred stock generally has a dividend that must be paid out before dividends to common stockholders and the shares usually do not have voting rights.    preferred share.           From ISO 10962: Payment of dividends to holders normally takes preference over the payment of dividends to other classes of shares. In the event of liquidation, preferred shares normally rank above ordinary shares but behind creditors of the company.  Investorwords.com: Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of a liquidation. Like common stock, preference shares represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, preference shares pay a fixed dividend that does not fluctuate, although the company does not have to pay this dividend if it lacks the financial ability to do so. The main benefit to owning preference shares are that the investor has a greater claim on the company's assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders. In general, there are four different types of preferred stock: cumulative preferred, non-cumulative, participating, and convertible.    CFI: Preference shares     Yes  21-Jun-10
128 Parent Is a       Issued Share         Yes 21-Jun-10
129 Disjoint mutually exclusive    Ordinary Share and Preference Share are mutually exclusive. This means that a share cannot be both an ordinary share and a preference share. Either one may however be a convertible share.        Ordinary Share         Yes 21-Jun-10
130 Relationship fact senior to  Preference Share has a higher seniority than ordinary shares. This means that it gives the holder a higher claim on the assets of the issuing entity in the event of the winding up of that entity.       Ordinary Share     SMER   SMER   Yes  21-Jun-10
131 Relationship fact has coupon  The Coupon or Dividend which the Issuer agrees to pay the holder.       Coupon OR Dividend     FIBIM: DividendParameters       21-Jun-10
132 Relationship fact confers ownership of  The level of Equity represented by the Preferred Equity, which is owned by the Shareholder in proportion to their holding of that class of share.       Senior Equity           21-Jun-10
133 Relationship fact senior to  Shares are of a class of Preference Share which has a higher seniority than the related class, also of preference shares. This means that it gives the holder a higher claim on the assets of the issuing entity in the event of the winding up of that entity.       Preference Share may be some   SMER   SMER   Yes 21-Jun-10
134 Relationship fact confers  The right of the holder of the Preference Shares to vote on matters affecting the business of the issuing company. A preference share may confer some voting rights whereby the holder may vote in extraordinary general meetings. These are not the same as the ordinary voting rights conferred by ordinary shares.        Extraordinary Voting Right may be     EDMC SME Review.   Yes  21-Jun-10
135 Simple fact Soft Retractable    A soft retraction value means it is payable in either "hard cash" or in an equal value of common stock of the issuer, at the choice of the issuer.     yes/no        PSP: Retractability   PSP      21-Jun-10
136 Simple fact Perpetual    Signifies that there is NO set term involved. It pays its stated dividend forever or "in perpetuity". For a fixed-rate a set dividend upon issue is agreed to, usually declared and paid quarterly (fixed dollar or a percent of the par value). For a floating-rate provide for a dividend that is paid by reference to a market interest rate.     yes/no              21-Jun-10
137 Simple fact Cumulative    Whether or not the payment of the fixed dividend, if not made in a given trading year, is carried forward to the next trading year.   If yes, skipped dividend payments are accumulated until they are finally paid. If no, skipped payments are not carried forward.      yes/no      Original definition from PSP for Non Cumulative, adapted to Cumulative and validated against SME Review.   PSP, also CFI   PSP revised   Review  21-Jun-10
138 Simple fact Maturity Date    Date/time at which the security will no longer exist, eg, redeemable preference shares.     date    may be   FIBIM:MaturityDate  FIBIM Review  21-Jun-10
139 Thing Preferred Coupon Payment Term Set  Terms for payment of a Dividend on a Preferred Stock.           These, like the Dividend terms, are not contractually binding terms; the dividend is paid at the discretion of the company but takes precedence over the ordinary share dividend.    FIBIM: DividendParameters   SR Draft     21-Jun-10
140 Parent Is a       Company Equity Terms Set           21-Jun-10
141 Relationship fact includes schedule term  The terms within the Dividend Payment Term Set which set out the schedule for committed payment of a Dividend (Coupon) amount.       Share Coupon Schedule           21-Jun-10
142 Relationship fact Dividend Payment Frequency The frequency of intended regular dividend payments       Frequency      FIBIM: PaymentFrequency   SR Draft    21-Jun-10
143 Relationship fact Dividend Amount Planned dividend amount for preferred shares       Monetary Amount      FIBIM: DividendAmount   FIBIM adapted    21-Jun-10
144 Simple fact Dividend Rate    Planned dividend rate, for preferred shares.     percentage        FIBIM: DividendRate   FIBIM    21-Jun-10
145 Simple fact Dividend Date    Planned dividend date (day and month) for regular dividend payment commitment.     day and month        FIBIM: PaymentDate   SR Draft    21-Jun-10
146 Simple fact Dividend Ex Date    Date that the share is traded ex Dividend.      day and month      Review whether to specify as a Day/Month or as an offset in days from the Dividend Date, or both.    SR Draft   SR Draft    21-Jun-10
147 Simple fact Distribution Method    The method by which Preferred Share Dividends are to be paid out.     Distribution Mechanism              21-Jun-10
148 Simple fact Pay In Kind    The issuer will pay additional security as part of interest disbursement.     yes/no      This information is also covered under Distribution Mechanism. REVIEW.        21-Jun-10
149 Simple fact Auto Reinvestment    Whether the security provides for mandatorily & automatically re-investing the dividend or interest from that security towards buying more of the same security.      yes/no              21-Jun-10
150 Thing Private Equity  The equity which exists in an incorporated company, which is held privately in the form of shares.            This class defines the equity itself, as distinct from the shares which give a holder the ownership of that equity, i.e. this is what is owned by the (private) share holder.        Review   21-Jun-10
151 Parent Is a       Stockholder Equity           21-Jun-10
152 Thing Privately Held Share  Shares which are not tradable on an exchange. These may be shares that existed in the company prior to flotation or as a result of one company buying another.            Company buy-out example e.g. Oracle buys Sun. Re-registered? Shares are always registered one way or another. However in this example these would still be Publicly Issued Shares.        Review   21-Jun-10
153 Parent Is a       Share           21-Jun-10
154 Relationship fact confers ownership of  Equity represented by the Private Equity security and owned by the Holder of the share in proportion to the amount of the issue that they hold.        Private Equity   A person or organization that holds at least a partial share of stock is called a shareholder.       Review  21-Jun-10
155 Thing Senior Equity  The most senior class of equity issued in the company. Holders of this class of equity will receive first call on the assets of the company in the event of it being wound up.                  Review   21-Jun-10
156 Parent Is a       Issued Equity           21-Jun-10
157 Relationship fact priority defined in  The terms in which the priority of the Senior Equity is defined.        Senior Equity Priority Terms         Review  21-Jun-10
158 Simple fact Priority    The seniority of the equity. This is the order of precedence in which holders of different classes of equity will have a call on the assets of the company in the event of it winding up. In this class of equity this is the highest in senioity.    Seniority    Senior         21-Jun-10
159 Thing Senior Equity Priority Terms  The precise terms which define the seniority of this class of Equity. These terms set out that the holder has the first call among equity holders, on the assets of the issuing entity in the event of it being wound up, ahead of the holders of other classes of equity.                    21-Jun-10
160 Parent Is a       Issued Equity Priority Terms           21-Jun-10
161 Thing Share  A security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.              SR Draft   SMER   Yes   21-Jun-10
162 Parent Is a       Transferable Contract           21-Jun-10
163 Relationship fact governed by  Details of the equities (shares of different classes) are defined in the company legal documentation or company constitution (Articles of Association).        Company Legal Form Documentation         Review  21-Jun-10
164 Relationship fact confers  The right of a stockholder to vote on matters of corporate policy as well as on who is to compose the board of directors. Rights can be of junior or senior rank (precedence of ranks).       Voting Right         Review  21-Jun-10
165 Relationship fact confers ownership of  Equity represented by the Share and owned by the Holder of the Share in proportion to the amount of the Issue that they hold.        Stockholder Equity   A person or organization that holds at least a partial share of stock is called a shareholder.   FIBIM capital   SR Draft   Review  21-Jun-10
166 Relationship fact holder  A party which holds the share.       Shareholder one or more       Review  21-Jun-10
167 Relationship fact senior to  The share has a higher seniority than the related share, meaning that it gives the holder a higher claim on the assets of the issuing entity in the event of the winding up of that entity.       Share     SMER   SMER   Yes 21-Jun-10
168 Simple fact Number of Shares in Issue    The total number of shares issued.     whole number      This term exists for all Shares, and is inherited by every individual class of Share.  There was a review comment that that the number of shares in issue will not necessarily be the number of shares that are listed on the market, e.g. a company may have 100 million shares in issue, if which only 85 million are listed on market. This would be covered by the remaining shares not being publicly issued shares.    PSP     Review  21-Jun-10
169 Simple fact Non Paid Amount    Nominal amount which is not paid yet.     Monetary Amount    may be When a share is issued, the person applying for it must pay to the company, in cash or equivalent value, the amount of its nominal value together with any premium required by the company. Shares are fully paid when the whole amount has been received by the company (or exceptionally when the shareholder has given an undertaking to pay the whole amount). Shares may also be issued on the basis that only part of their price is to be paid at the outset (hence partly-paid) with the remainder being required when called for by the company.   Notes from  http://www.clickdocs.co.uk/glossary/partly-paid.htm   FIBIM:NonPaidAmount   FIBIM   Yes  21-Jun-10
170 Simple fact Voting Rights Per Share    Number of voting rights per share.     whole number        FIBIM: VotingRighsPerShare   FIBIM   Yes  21-Jun-10
171 Thing Share Coupon Schedule Specification  Schedule of dates on which a Share Coupon Payment is to take place.            At present it is assumed that this has all and only the same sceduleing specification terms as for debt coupon payment events.          21-Jun-10
172 Parent Is a       Coupon Schedule Specification           21-Jun-10
173 Relationship fact scheduled dividend payment  The specified future event whereby payment of a given Dividend amount is to be made.       Equity Dividend Payment           21-Jun-10
174 Thing Voting Right  The right of a stockholder to vote on matters of corporate policy as well as on who is to compose the board of directors.            Most voting involves decisions on issuing securities, initiating stock splits, and making substantial changes in the corporation's operations.        Review   21-Jun-10
175 Parent Is a       Legal Right           21-Jun-10
176 Relationship fact set out in  The company legal documentation that defines detailed voting rights.        Company Legal Form Documentation         Review  21-Jun-10
177 Simple fact Type of voting Rights    The specification of voting rights for the security.     Voting Rights Type Selection      Some of these types imply additional (optional) terms such as restrictions, which are given as separate terms. Full details of these would be set out in the terms in the Company Legal form Documentation.        Review  21-Jun-10
178 Simple fact Voting Restrictions    Details of restrictions on voting rights, for the case where type of voting is Restricted.      text    may be       Review  21-Jun-10