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promoter |
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A person who devises a plan for a business venture; one who takes the preliminary steps necessary for the formation of a corporation. Promoters are the people, who, for themselves or on behalf of others, organize a corporation. They issue a prospectus, obtain stock subscriptions, and secure a charter. Promoters stand in a fiduciary relationship to the proposed company and must act in Good Faith in all their dealings for the proposed corporation. promoter n. a person who puts together a business, particularly a corporation, including the financing. Usually the promoter is the principal shareholder or one of the management team and has a contract with the incorporators or makes a claim for shares of stock for his/her efforts in organization. Most states limit the amount of "promotional stock" since it is supported only by effort and not by assets or cash. (See: promotional stock) promoter noun advocate, aider, auctor, backer, benefactor, encourager, enterpriser, fautor, financial backer, financier, founder, organizer, organizer of business enterprises, organizer of commercial enterprises, patron, planner, prime mover, publicist, sponsor, supporter See also: abettor, advocate, backer, benefactor, coactor, conspirer, developer, disciple, partisan, patron, sponsor How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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DPI research director German Spangenberg says cytokinin levels are increased in plants that are under the control of a highly developmentally regulated plant gene promoter. To investigate the potential contribution of the NF[kappa]B transcription factor to COX-2 transcriptional induction by arsenite, we used COX-2-luciferase (COX-2-Luc) reporter containing full length (-1432/+59) or a mutation of the NF[kappa]B binding sites (-223/-214) of human COX-2 gene promoter linked to the luciferase (Subbaramaiah et al. for a human gene promoter that enables tissue-specific expression of foreign genes in epidermal cells. |
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