ST Alpha - "It’s legal jargon placeholder naming, means the actual name is TBD but they need to call it something so people know which entity you’re talking about -- (edited)" (Reading a Post)

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In response to "Also… SpinCo? That’s almost as bad a spin-off name as “Flixster”. -- nm" by Mop🧹

It’s legal jargon placeholder naming, means the actual name is TBD but they need to call it something so people know which entity you’re talking about -- (edited)

Posted by znufrii Nov 20 '24, 06:44

In legalese it’s what’s referred to as a Defined Term, meaning you define it in the first use, then use it as a substitute throughout the rest of the document.

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Now I want to be in a place that I get to dictate that the initial legal documents refer to the new entity as Defined Term -- nm - JD Nov 20, 07:52 2
- lol - znufrii Nov 20, 07:59
- PlaceholderCo -- nm - Mop🧹 Nov 20, 07:58

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It’s legal jargon placeholder naming, means the actual name is TBD but they need to call it something so people know which entity you’re talking about -- (edited)

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