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Exchange fund
An exchange fund, also known as a swap fund, is a private investment vehicle that allows investors holding large, appreciated positions in publicly traded stock to pool their shares into a single fund, diversifying their holdings without triggering a taxable event. Each investor contributes concentrated stock and receives a proportional interest in the fund, which holds a diversified por
Trading basicsHerbert Haft
Herbert H. Haft (August 24, 1920 – September 1, 2004) was an American businessman who was famous first for the development of discount stores in the drug store, bookstore, and auto part businesses in Washington, D.C., and later as a corporate raider.
Trading basicsMarketing co-operation
A marketing co-operation or marketing cooperation is a partnership of at least two companies on the value chain level of marketing with the objective to tap the full potential of a market by bundling specific competences or resources. Other terms for marketing co-operation are marketing alliance, marketing partnership, co-marketing, and cross-marketing. Sometimes, called as Consortium as
Trading basicsMatch fixing
In organized sports, match fixing (also known as game fixing, race fixing, throwing, rigging, hippodroming, or more generally sports fixing) is the act of playing or officiating a contest with the intention of achieving a predetermined result, violating the rules of the game and often the law. There are many reasons why match fixing might take place, including receiving bribes from bookm
Trading basicsSealed Air
Sealed Air Corporation is an American packaging company known for its Cryovac food packaging and Bubble Wrap cushioning packaging. It is headquartered in Charlotte, North Carolina, United States, and led by Dustin Semach, president and CEO. The company had $5.4 billion in revenues in 2024.
Trading basicsSheller-Globe Corporation
Sheller-Globe Corporation was a U.S. auto parts manufacturer and industrial conglomerate based in Toledo, Ohio. Formed in 1966 on a heritage of much older companies, Sheller-Globe grew through the acquisition (and divestiture) of many other businesses before it was acquired by United Technologies Corporation in 1989.