Stub
- Stub
- The balance part of a check or receipt that is retained for record-keeping purposes or as proof of payment. In the context of securities, a stub refers to a residual security that is left over after being separated from the parent security. The term may also refer to a stock formed from the conversion of a company's bonds under distressed conditions, such as a bankruptcy or recapitalization.
As residual securities, stubs are not viewed as very desirable instruments, since the parent security may retain most of the attractive attributes of the original investment.
Stub stocks derive their name from their low price, which is usually a fraction of the value of the bonds from which they have been converted. The low stock price reflects the uncertainty surrounding the recapitalized company, and makes stub stocks a highly speculative investment with the potential for significant positive returns if the company is successful in making a turnaround.
Investment dictionary.
Academic.
2012.
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Look at other dictionaries:
Stub — Stub, n. [OE. stubbe, AS. stub, styb; akin to D. stobbe, LG. stubbe, Dan. stub, Sw. stubbe, Icel. stubbr, stubbi; cf. Gr. ?.] 1. The stump of a tree; that part of a tree or plant which remains fixed in the earth when the stem is cut down; applied … The Collaborative International Dictionary of English
Stub — may refer to: * Stub or stubb, a low pollard, a tree cut and allowed to regrow from the trunk (the origin of most other meanings) *Method stub, in computer programming, a piece of code used to stand in for some other programming functionality… … Wikipedia
Stub — (engl. stub ‚Stummel‘, ‚Stumpf‘) steht für: Stub, kurzer Artikel in der Wikipedia Stub (Programmierung), ein lokaler Anknüpfungspunkt für Software Stub Tuner, ein Hochfrequenz Bauteil zur Anpassung der Impedanz an Antennen Stub ist der Name… … Deutsch Wikipedia
StUB — (engl. „Stubben“, „Stummel“, „Stumpf“) ist: Stub (Programmierung), ein lokaler Anknüpfungspunkt für Software Stub Tuner, ein Hochfrequenz Bauteil zur Anpassung der Impedanz an Antennen Stub ist der Name folgender Personen: Ambrosius Stub… … Deutsch Wikipedia
stub — stub; stub·bi·ness; stub·bly; stub·born·ly; stub·born·ness; stub·by; stub·ble; stub·born; … English syllables
Stub — Stub, v. t. [imp. & p. p. {Stubbed}; p. pr. & vb. n. {Stubbing}.] 1. To grub up by the roots; to extirpate; as, to stub up edible roots. [1913 Webster] What stubbing, plowing, digging, and harrowing is to a piece of land. Berkley. [1913 Webster]… … The Collaborative International Dictionary of English
stub — [stub] n. [ME < OE stybb, akin to ON stubbr: for IE base see STOCK] 1. the stump of a tree or plant 2. a short piece or length remaining after the main part has been removed or used up [the stub of a tail, cigar, pencil, etc.] 3. any short… … English World dictionary
stub — s.m.inv. ES ingl. 1. TS arm. strumento costituito da un tubetto fornito di un tampone adesivo che permette di rinvenire le tracce di esplosivo presenti sulle mani di chi ha azionato un arma da fuoco entro le cinque ore precedenti 2. TS telecom.… … Dizionario italiano
stub — sb., ben, be, bene; pløje stubbe ned; grave en stub op (jf. rub) … Dansk ordbog
stub — ► NOUN 1) the remnant of a pencil, cigarette, or similar shaped object after use. 2) a shortened or unusually short thing. 3) the counterfoil of a cheque, ticket, or other document. ► VERB (stubbed, stubbing) 1) accidentally strike (one s toe)… … English terms dictionary
stub|by — «STUHB ee», adjective, bi|er, bi|est. 1. a) short and thick or broad: »stubby fingers, a stubby figure. His stubby fingered, thick veined hands and his short, corded arms were like steel and leather (Atlantic). b) short and blunt as the result of … Useful english dictionary
