Undervalue

  • 31Corporate benefit — (sometimes referred to as commercial benefit) is the requirement under some legal systems that the directors of a company must exercise the powers [For these purposes, it is important to remember the distinction between objects (what the company… …

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  • 32Interest of the company — The interest of the company (sometimes company benefit or commercial benefit ) is a concept that the board of directors in corporations are in most legal systems required to use their powers for the commercial benefit of the company and its… …

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  • 33Depreciate — De*pre ci*ate (d[ e]*pr[=e] sh[i^]*[=a]t), v. t. [imp. & p. p. {Depreciated} (d[ e]*pr[=e] sh[i^]*[=a] t[e^]d); p. pr. & vb. n. {Depreciating} (d[ e]*pr[=e] sh[i^]*[=a] t[i^]ng).] [L. depretiatus, depreciatus, p. p. of depretiare, ciare, to… …

    The Collaborative International Dictionary of English

  • 34Depreciated — Depreciate De*pre ci*ate (d[ e]*pr[=e] sh[i^]*[=a]t), v. t. [imp. & p. p. {Depreciated} (d[ e]*pr[=e] sh[i^]*[=a] t[e^]d); p. pr. & vb. n. {Depreciating} (d[ e]*pr[=e] sh[i^]*[=a] t[i^]ng).] [L. depretiatus, depreciatus, p. p. of depretiare,… …

    The Collaborative International Dictionary of English

  • 35Depreciating — Depreciate De*pre ci*ate (d[ e]*pr[=e] sh[i^]*[=a]t), v. t. [imp. & p. p. {Depreciated} (d[ e]*pr[=e] sh[i^]*[=a] t[e^]d); p. pr. & vb. n. {Depreciating} (d[ e]*pr[=e] sh[i^]*[=a] t[i^]ng).] [L. depretiatus, depreciatus, p. p. of depretiare,… …

    The Collaborative International Dictionary of English

  • 36Disparage — Dis*par age (?; 48), v. t. [imp. & p. p. {Disparaged}; p. pr. & vb. n. {Disparaging}.] [OF. desparagier, F. d[ e]parager, to marry unequally; pref. des (L. dis ) + F. parage extraction, lineage, from L. par equal, peer. See {Peer}.] 1. To match… …

    The Collaborative International Dictionary of English

  • 37Disparaged — Disparage Dis*par age (?; 48), v. t. [imp. & p. p. {Disparaged}; p. pr. & vb. n. {Disparaging}.] [OF. desparagier, F. d[ e]parager, to marry unequally; pref. des (L. dis ) + F. parage extraction, lineage, from L. par equal, peer. See {Peer}.] 1.… …

    The Collaborative International Dictionary of English

  • 38Disparaging — Disparage Dis*par age (?; 48), v. t. [imp. & p. p. {Disparaged}; p. pr. & vb. n. {Disparaging}.] [OF. desparagier, F. d[ e]parager, to marry unequally; pref. des (L. dis ) + F. parage extraction, lineage, from L. par equal, peer. See {Peer}.] 1.… …

    The Collaborative International Dictionary of English

  • 39Liquidation — Winding up redirects here. For other uses, see Wind up (disambiguation). Not to be confused with liquification, a concept in physics. In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the… …

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  • 40Trading while insolvent (UK) — In many legal systems, once a company becomes insolvent, the directors have to take particular care. Under UK law, trading while insolvent can trigger several provisions under the Insolvency Act 1986 which may have the effect of making directors… …

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