latter

  

Definition

A term used to refer to the last item in a given list, usually of two items. "I've worked for Company A and Company B, but the latter was my favorite." This indicates that Company B was my favorite company to work for.

Featured Tip

What Counts Most in a Merger

The language utilized in mergers tends to confuse the issues and encourage irrational actions by managers. For example, dilution is usually carefully calculated on a pro forma basis for both book value and current earnings per share. Particular emphasis is given to the latter item. When that calculation is negative (dilutive) from the acquiring company's standpoint, a justifying explanation will be made (internally, if not elsewhere) that the lines will cross favorably at some point in the future. The attention given this form of dilution is overdone: current earnings per share (or even earnings per share of the next few years) are an important variable in most business valuations, but far from all powerful. What really counts is whether a merger is dilutive or anti-dilutive in terms of intrinsic business value (a judgment involving consideration of many variables).

News containing the term latter

Loading...



http://www.businessdictionary.com/definition/latter.html


Enter your email address to get our free Term of the Day newsletter!

latter is...

... in the subject
General Business

Nearby Terms

Popular 'General Business' Terms

Search volume for latter

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z