TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DRAW ALONG RIGHT [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2014-10-30

English

Subject field(s)
  • Commercial and Other Bodies (Law)
  • Stock Exchange
  • Investment
CONT

A drag-along right enables the holder to insist that other shareholders sell their shares at the same time (and price) as the holder.

CONT

A drag along right essentially allows the shareholders to sell the whole corporation to a third party.

French

Domaine(s)
  • Organismes commerciaux ou non (Droit)
  • Bourse
  • Investissements et placements
OBS

L'actionnaire qui reçoit une offre d'achat d'un tiers de bonne foi a le droit de forcer les autres actionnaires à céder leurs actions aux mêmes prix et conditions aux tiers offrant si celui-ci exige que toutes les actions en circulation lui soient vendues.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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