Circular Merger.

A circular merger is a type of corporate merger or acquisition in which a company acquires another company that it already owns, either directly or indirectly. In a circular merger, the acquiring company typically forms a new holding company that becomes the parent company of both the acquired company and the acquiring company. The new … Read more

What Is the Intraday Intensity Index?

The intraday intensity index (III) is a technical indicator that measures the amount of buying and selling pressure in the market. It is calculated by taking the difference between the number of advancing stocks and the number of declining stocks, and then dividing by the total number of stocks traded. The intraday intensity index can … Read more

Cost and Freight (CFR).

Cost and Freight (CFR) is a trade term that requires the seller to deliver goods to a named port of destination and pay the costs of shipping and insurance. “Freight” in this context refers to the shipping costs. The seller is responsible for paying for transportation of the goods, but the buyer is responsible for … Read more