- /krɒs 'həυldɪŋ/ nouna situation where two companies own shares in each other in order to stop either from being taken over● The two companies have protected themselves from takeover by a system of cross holdings.
Dictionary of banking and finance. 2015.
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cross-holding — ˌcross ˈholding noun [countable] a situation in which one company owns part of another company, which itself owns part of a third etc: • groups of firms with a web of cross holdings in each other * * * cross holding UK US noun [C or U] (also… … Financial and business terms
Cross Holding — A situation in which a publicly traded corporation owns stock in another publicly traded company. So, technically, listed corporations own securities issued by other listed corporations. Cross holding can lead to double counting, whereby the… … Investment dictionary
cross holding — n. (Business) situation when listed corporations own stock issued by other listed corporations … English contemporary dictionary
cross-holding — A situation in which two or more companies hold shares in each other in order to cement business ties and forestall takeovers … Big dictionary of business and management
holding — hold‧ing [ˈhəʊldɪŋ ǁ ˈhoʊl ] noun [countable] FINANCE 1. an amount of a particular type of investment owned by a person or organization: holding of • He has doubled his usual holdings of government securities to more than $10 billion. • Itsreal… … Financial and business terms
Holding — Hold‧ing [ˈhəʊldɪŋ ǁ ˈhoʊl ] also Holdings noun used in the name of holding companies: • Glaxo Holdings PLC * * * holding UK US /ˈhəʊldɪŋ/ noun [C] FINANCE ► assets such as property, shares, or cash that a government, company, or person owns … Financial and business terms
cross-shareholding — UK US noun [C or U] ► CROSS HOLDING(Cf. ↑cross holding) … Financial and business terms
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