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asset stripping (M2)<br />The sale of parts of a company which, in many cases, has recently been taken over by another company. Large holding companies have been built up in the past this way as each stripping provides resources for another company acquisition. By selling off parts of a company previously undervalued, finance for further acquisitions is obtained.
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blackboard trading (G1)<br />A method of trading in small quantities which involves buyers writing their bids on one side of the blackboard and sellers their offers on the other side. When a deal is agreed, it is recorded on the sales panel as a binding future contract. The Chicago Mercantile Exchange deals this way in agricultural commodities. Under heavy trading, this method is abandoned.
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<strong>Week of instruction</strong> – Any period of 7 consecutive days in which the school provides at least one day of regularly scheduled instruction or examinations.
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