2007年12月20日 星期四

vendor, institutional, tipping, reliable 和 reliability



on Page 38:
"There is a powerful institutional argument in the Schutzian claim-if I may so label the position we are considering. It is that cultural institutions are constructed in a manner to reflect commonsense ... "


An arrangement in which the vendor (seller) of a business who receives shares in the acquiring company as part of the deal immediately sells them on to an institutional investor.
The point of this is that if the vendor sold the shares on the open market it would depress the share price, which would be bad both for the vendor and for the company. By selling a large block to an institution the price remains stable.
The vendor gets what he really wants (cash), the acquiring company is able to pay for its acquisition the way it wants (shares) and the institutional investor gets shares in a company that it likes at a price that will invariably be below the market price.

But it takes a careful strategy to become a platform leader

Managers of companies seeking to be platform leaders have several key technological and business decisions to make. They must evaluate whether their product or service has "platform potential." They must decide how to pursue their platform leadership strategy. Will it involve "coring"--making a fundamental element of a system? Or "tipping"--gaining market momentum over a competitor?

With each method there are challenges and pitfalls. New research by Annabelle Gawer and Michael A. Cusumano offers several case studies of companies that won--and lost--the race for platform leadership.

Read on

reliable 和 reliability

tip verb [often passive] -pp- MAINLY UK
to say that someone is likely to be successful or achieve something:
He is being tipped as the next Prime Minister.
[+ to infinitive] Davis is being tipped to win the championship.




vending
 
noun [U] FORMAL
the selling of goods:
He had his street vending licence taken away.

vendor
noun [C]
someone who is selling something:
For the past few months she's been working as a street vendor, selling fruit and veg.
LEGAL The vendor of the house wants to exchange contracts this week.

FTC approves Google/DoubleClick deal: The U.S. Federal Trade Commission voted 4-1 to approve the Google acquisition of online ad vendor DoubleClick. (Grant Gross)

━━ n. 行商人; 【法】売り主; =vending machine.

vendor placing 【商業・株】ベンダー・プレイシング ((会社が新規株式発行を機関投資家等に約束して前金として現金を受け取る現金調達法)).



vendor's lien 【法】売手留置権, 売主のリーエン. The right to enforce payment of the purchase price by suit against the vendee's equitable estate. 133 So. 547, 548.


Results

institution was found in the Cambridge Advanced Learner's Dictionary at the entries listed below.

institution (ORGANIZATION) Show phonetics
noun [C]
a large and important organization, such as a university or bank:
a medical/educational/financial institution
Oxford and Cambridge universities are internationally respected institutions.


沒有留言: