b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Frozen out historic definition...
Frozen out -- Excluded or shut out. For instance, if the
majority interest in a corporation so adjusts matters as to
control to the exclusion of the minority interest the minority
interest is said to have been frozen out.
Likewise, if a member of a board of directors is objectionable
to the other members and their combined opposition to
him in the affairs of the concern impels him to retire from the
board he is said to have been frozen out.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer. |