Corporate action

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

An action with regard to a security — a merger, rights issue, restructuring or similar — whcih obliges a shareholder to make a vote or exercise an election of some kind. Can get tasty in the context of a stock lending arrangement, if the Borrower is short the security in question on the record date.

See also

• Corporate actions