• The lead underwriter(s) purchase the total amount of the new security issue from the issuing company with the intention of quickly selling the issue to investors.
• Security issue where one or two underwriters buy the entire issue.
Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...
Instruction does much, but encouragement does everything. – Johann Wolfgang Von Goethe
Copyright ©2009-2019 GVC. All rights reserved.