A nonemployee director with little or no direct interest in the corporation.
— Also termed affiliated director. [Cases: Corporations 310(1). C.J.S. Corporations §§ 475, 477–484, 487–489.]
convertible-insurance: Insurance that can be changed to another form without further evidence of insurability, usu. referring to a term-life-insurance policy that can be changed to permanent insurance […]
convertible-security: A security (usu. a bond or preferred stock) that may be exchanged by the owner for another security, esp. common stock from the same company, and usu. at a fixed price on a speci[…]
convey: convey, vb. To transfer or deliver (something, such as a right or property) to another, esp. by deed or other writing; esp., to perform an act that is intended to create one or m[…]
nonabatable structure: 无法消除的建筑 指虽然构成永久性妨害〔permanent nuisance〕，但由享有国家征用权〔power of eminent doma[…]