05.07.2009
Invitation issued to suppliers, often via a bidding process, to submit a proposal for a specific service or commodity
An asset that is controlled (price wise and standard wise) by a regulator, rather than by competitive market forces
Regulatory bodies administrate industry cooperation, enforce regulations, oversee construction and financing proposals for utilities, determine tariffs and adjudicate in rate-setting matters. In Israel the electricity regulator is the Public Utility Authority-Electricity and in the natural gas sphere, the regulator is the Natural Gas Authority
An enforceable law or a rule of conduct that governs an industry’s business practices or operations, as determined by a government
This is a relatively popular move amongst corporations traded on the US stock exchange when their shares are falling and options that were granted in the past are no longer worth the paper they are written on. Under such circumstances the board of directors of the company decides to adapt the price of the option to the new value of the share in the market place.