Glossary
Underpricing Issuing securities at less than their market value. Underwriter An investment bank that agrees to purchase a new issue of securities from an issuer and distribute it to investors, making a profit on the fees charged for this service. Underwriting Agreement The contract between a corporation issuing new publicly offered securities and the managing underwriter as agent for the underwriting group. Compare to agreement among underwriters.
Unlisted Security A security not listed on an exchange.
Last update Thursday on 23-11-2023 at 15:26:57
