What is Stalking-horse Bid?
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An initial offer on a bankrupt company's assets by a potential buyer choosen by the fallen company.
Pete: I heard Cogswell Cog's is going bankrupt.
John: Yes, I heard Spacely Sprockets put a bid in to buy them.
Pete: Yeah I heard that too... but the way I heard it, Spacey just put in a stalking-horse bid and may not want Cogswell at all.
See
Random Words:
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a mix between a cracker and a afrikaun. in other words a white/black person. it is the ultimate diss too!
(joe-unit's word)
shut ..
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A term used by nerds. "You are out of the band" is used to make fun of a person even though there is no actual band to be kick..
