Due-Bill

Definition:

An assignment or other instrument employed for the purpose of evidencing the transfer of title to any dividend, interest or rights pertaining to securities contracted for, or evidencing the obligation of a seller to deliver such dividend, interest or rights to a subsequent owner. These are typically represented in the Depository Trust Company, The (DTC).

Return to Glossary

Your complete M&A platform

Datasite provides you one end-to-end platform that supports you across all stages of the deal.