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
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