Underwriting: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update links.) |
imported>Doug Williamson (Add link.) |
||
Line 18: | Line 18: | ||
== See also == | == See also == | ||
* [[Consideration]] | * [[Consideration]] | ||
* [[Greenshoe option]] | |||
* [[Insurance]] | * [[Insurance]] | ||
* [[Security]] | * [[Security]] | ||
* [[Sub-underwriter]] | * [[Sub-underwriter]] | ||
* [[Underwriting group]] | * [[Underwriting group]] |
Revision as of 11:27, 6 August 2019
1.
The process of committing to purchase any securities remaining unsold after an issue.
The underwriter agrees to purchase any unsold securities.
2.
More generally, providing guarantees or insurance, in return for a fee or for other consideration.
3.
Effectively providing guarantees or insurance, without receiving full consideration in return.