Smithsonian Agreement

Definition:

A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce.

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Reverse shell merger

Acquisition of a publically listed shell company by a privately held company effectively making itself publically listed. Also see Going public through the backdoor..

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