standby fee

standby fee definition - business

standby fee

  1. The fee paid to an underwriter who agrees to purchase unsold securities as part of a standby underwriting agreement.
  2. See commitment fee.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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