Holding company discount ((See Chapter 40 of the Vernimmen))Holding company discount means that the holding company’s market capitalisation is less than the sum of investments it holds. This discount is due to: limited free float of a holding company, tax inefficiencies associated with the holding company, and the additional administrative costs any holding company incurs.
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Haircut Hard capital rationing Hard currency Hazard insurance Hedge fund Hedging Hedging principle Herding instinct, herding behavior Hidden assets Hidden option High-yield bonds Hight Net Worth Individual Hire Purchase Historical equity risk premium Historical value Holdback Holding company Holding company discount Holding-period return Hostile offer Hurdle rate Hybrid securities Hyperinflationary country
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Definition of Holding company discount - Finance dictionary