Advertising

Best efforts sale

• A method of securities distribution/ underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer. As opposed to a guaranteed or fixed price sale, where the underwriter agrees to sell a specific number of shares (with the securities firm holding any unsold shares in its own account if necessary).

 
 Embedded terms in definition
 Firm
Issuer
Its
Return
Sale
Securities
Sell
Shares
Underwriter
Underwriting
 
 Related Terms
 

<< Best efforts basis Best interests of creditors test >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

Character cannot be developed in ease and quiet. Only through experiences of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved. – Helen Adams Keller

Advertising



Copyright ©2009-2018 GVC. All rights reserved.