A type of placing used as a means of acquiring another company or business. For example, if company X wishes to buy a business from company Y, it issues company X shares to company Y as payment with the prearranged agreement that these shares are then placed with investors in exchange for cash. Vendor placings have been popular with some companies as a cheaper alternative to a rights issue.

See also:

bought deal

• Financial Services Directive
• Financial Services Modernization Act 1999
• financial-statement analysis
• Financial Statement and Budget Report
• financial statements
• Financial Statistics
• financial structure
• Financial Times Share Indexes
• financial year
• financier
• financing gap
• fine paper
• fine trade bill
• fine tuning
• FINEX
• firewall
• firm commitment
• firm order
• firm price
• firm surveillance
• first call date
• first-class paper
• first in, first out
• first-line reserves
• first-loss guarantee