An Alternative Trading System (ATS) is a non-exchange trading venue that matches buyers and sellers to trade securities, usually through electronic means. It operates independently of the traditional stock exchanges and is often used to facilitate large block trades with minimally impacting the market.
In copyright law, fair use permits the quotation or reproduction of a small portion of copyrighted material (with proper acknowledgment) without the permission of the copyright holder. The permissible amount varies based on several factors, with the central idea being that the use should not significantly impact the market for the original work.
In the context of legal responsibility, the term implies the proportional assumption of liability by companies based on their market share, especially relevant in cases of product liability.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.