Web www.software-risk.co.uk

An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
Underwriting
Syndicate manager
Restricted stock
Freed up
Free-riding
Fee
Effective spread
Eating stock

Similar Areas

Finance Items

Selected Books

Keywords

Firm commitment underwriting

underwriting

entire issue

financial responsibility

unsold shares