Corporate Strategy

Acquisition
Expansion of a company through the purchase of another business, including the outlined terms and governing rules.
Merger
A combination of two or more firms into a single new firm, involving the consolidation of assets and liabilities and division of shares among original shareholders.
Off-Balance-Sheet Finance
A financial practice where businesses use lease agreements to control assets without incorporating them into the balance sheet.
Plough-back
The system of financing investment in firms by retaining profits
White Knight
An entity or investor that acquires a company to save it from an unwanted takeover.