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Restatement
RestatementA revision in a company's earlier financial statements. SIMILAR TERMS-------------------------------------- Restricted Placed on a list that dictates that the trader may not maintain positions, solicit business, or provide indications in a stock, but may serve as broker in agency trades after being properly cleared. Restricted account A margin account without enough equity to meet the initial margin requirement that is restricted from any purchases until the requirement is fulfilled. Restricted securities The term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144. Restricted stock Stock that must be traded in compliance with special SEC regulations concerning its purchase and resale. These restrictions generally result from affiliate ownership, M&A activity, and underwriting activity. Restricted Stock Award Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. Restricted stock units Similar to restricted stock. However, the unit represents a promise that employees will receive stock in the future. The units do not pay dividends until the stock is vested. Restricted surplus A portion of retained earnings not allowed by law to be used for the payment of dividends. Restrictive covenants Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. Restrictive endorsement An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out. Restructuring The reorganization of a company in order to attain greater efficiency and to adapt to new markets. PREVIOUS AND NEXT TERMS-------------------------------------- Resolution A document that records a decision or action by a Board of Directors, or a bond resolution by a government entity authorizing a bond issue. Resolution Funding Corporation (RefCorp) A government agency established by Congress in 1989 to issue bailout bonds and raise funds for the activities of the Resolution Trust Corporation, as well as to administer struggling institutions inherited from the disbanded Federal Savings and Loan Corporation. Resolution Trust Corporation (RTC) A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them. Resources Available stocks of raw materials, money, labor and other assets that a company can put to use. Respite care Short-term or temporary care of a few hours or weeks of the sick or disabled to provide relief, or respite, to the regular caregiver, usually a family member. Restatement Restricted Placed on a list that dictates that the trader may not maintain positions, solicit business, or provide indications in a stock, but may serve as broker in agency trades after being properly cleared. Restricted account A margin account without enough equity to meet the initial margin requirement that is restricted from any purchases until the requirement is fulfilled. Restricted securities The term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144. Restricted stock Stock that must be traded in compliance with special SEC regulations concerning its purchase and resale. These restrictions generally result from affiliate ownership, M&A activity, and underwriting activity. Restricted Stock Award Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. We thank you for using the Financial Dictionary to search for Restatement. If you have a better definition for Restatement than the one presented here, please let us know by making use of the suggest a term option. This definition of Restatement may be disputed by other professionals. Our attempt is to provide easy definitions on Restatement and any other medical topic for the public at large.
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