PIGGYBACK Definition

Bookmark and Share

PIGGYBACK, dependent upon usage, can mean: 1. On the back or shoulder or astraddle on the hip; 2. Two lenders participating in the same loan (piggyback loan) 3. Unauthorized access to a data processing system via an authorized users legitimate connection (piggyback entry) 4. Haul by railroad car; 5. SEC registration of existing holdings of shares in a corporation combined with an offering of new public shares (piggyback registration) 6. Rights that entitle an investor to register and sell his or her stock whenever the company conducts a public offering (piggyback rights).

Learn new Accounting Terms

STATUTE is an act passed by a legislative body, e.g. U.S. Congress.

VEBA is Voluntary Employees Benefits Association.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.