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Securities Dictionary by Mayer Brown
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NCWOL Principle

In the context of a resolution of a BHC, the principle that no creditor will be worse off than in liquidation.

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Wrapped Token

Wrapped Token

Short Against the Box

Short Against the Box

Hash/Cryptographic Hash Function

Hash/Cryptographic Hash Function

PIPE

PIPE

Lead Left

Lead Left

Airdrop

Airdrop

Peer-to-Peer

Peer-to-Peer

Bought Deal

Bought Deal

Negative Assurance

Negative Assurance

Death Spiral

Death Spiral

Wall Cross

Wall Cross

The Box

The Box

Stabilizing

Stabilizing

Bitcoin ETFs

Bitcoin ETFs

Safe Harbor

Safe Harbor

Direct Listing

Direct Listing

Overnighter

Overnighter

Crowdfunding

Crowdfunding

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