| 单词 | merger |
| 释义 | merger merger A combination of two or more businesses on a relatively equal footing that results in the creation of a new reporting entity. The shareholders of the combining entities mutually share the risks and rewards of the new entity and no one party to the merger obtains control over another. Financial Reporting Standard 6, Acquisitions and Mergers, which is now discontinued, laid down four criteria by which a merger may be identified: • no party is the acquirer or acquired; • all parties to the combination participate in establishing the management structure of the new entity; • the combining entities are relatively equal in terms of size; • the consideration received by the equity shareholders of each party consists primarily of equity shares in the combined entity, any other consideration received being relatively immaterial. However, true mergers (as opposed to disguised takeovers) are very rare in the contemporary business environment. Owing to its widespread abuse, merger accounting has been effectively limited to cases of reconstruction within an existing group. |
| 随便看 |
|
英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。