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At present this cushion against misfortune is provided by common equity, hence such contracts would become a partial substitute for equity.
ECONOMIST: The future of finance | The
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CatEputs (short for Catastrophe Equity Put Option) are derivative contracts that give the insured the right to sell new shares at a fixed price, which the investor promises to buy in the event of a catastrophe.
ECONOMIST: Insurance
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Berkshire sold options contracts based on the value of four equity market indexes over the next decade.
FORBES: Berkshire Hathaway
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The Equity in Contracting for Women Act of 2000 mandated that 5% of government contracts should go to women-owned (or at least 51% women-owned) businesses.
FORBES: Head to Head: Federal Small-Biz Contracts
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Private equity firms have wrested labor concessions from the UAW in the past, but those contracts were generally negotiated at small auto-parts suppliers, like American Axle and Metaldyne, with relatively few employees.
FORBES: Can Cerberus Save Chrysler?
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Today the firm contracts with other money managers, as sub-advisers, who actually manage many of its equity and other style investment funds.
FORBES: Conflicts Abound at American Airlines' Pension and 401(k) Plans