Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Bear raid. Slang
high-volume stock selling by a large trader in an effort to drive down a stock price in a short time. ( bear raids are prohibited by federal law. - also termed bear drive.
Raid
n. 1. A sudden attack or invasion by lawenforcement officers, usu. to make an arrest or to search for evidence of a crime. 2. An attempt by a business or union to lure employees or members from a competitor. 3. An attempt by a group of speculators to cause a sudden fall in stock prices by concerted selling.
Raider
See CORPORATE RAIDER.
corporate raider
A person or business that attempts to take control of a corporation, against its wishes, by buying its stock and replacing its management. - Often shortened to raider. - Also termed hostile bidder; unfriendly suitor. Cf. WHITE KNIGHT.