Definitions for "Share Exchange"
Keywords:  cheaply, oeic, isa, scheme, whereby
Facility offered by ISA managers whereby they sell your shares and invest the proceeds in an ISA.
A scheme enabling investors to exchange existing holdings for shares in an  OEIC. These schemes can often be of great benefit as some  shares can be sold without paying dealing expenses.
A facility that is offered by investment trusts to take your shares and convert them into shares in the investment trust cheaply and easily.
A statutory form of business combination in which some or all of the shares of one corporation are exchanged for some or all of the shares of another corporation and neither corporation ceases to exist.