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Free rider (See Chapters 32 and 45 of the Vernimmen)
The term "free rider" is used to describe the behaviour of an investor who benefits from transactions carried out by other investors in the same category (shareholders, preferred shareholders, bondholders, etc) without participating in these transactions himself.
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Definitions of terms begining
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Free rider (See Chapters 32 and 45 of the Vernimmen)
The term "free rider" is used to describe the behaviour of an investor who benefits from transactions carried out by other investors in the same category (shareholders, preferred shareholders, bondholders, etc) without participating in these transactions himself.
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