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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With C
  5. Cancellation Price

Cancellation Price

Definition of 'Cancellation Price'

This is the lowest price at which the Authorised Corporate Directors (ACDs) may repurchase shares and the price which an ACD receives for a share when he cancels shares off his book/box. Also applies to Unit Trust Managers.

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Related Terms

Cancellation RightAbatementCancellation RulesOffer for SaleCross Price Elasticity of DemandFutures contractAccumulation / Distribution IndicatorAllotment PriceArbitrageurAsk PriceBid Offer SpreadBid PriceCFDContract For DifferenceConversion PremiumDirty PriceHedgeHedgingNet ChangePrice Sensitive

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