firm commitment underwriting Hear it!

firm commitment underwriting Finance Definition
An underwriting assignment in which the underwriter gives the issuing company a commitment to purchase the company’s securities, thereby assuming the risk if the deal is poorly received by the market and the price needs to be lowered. This is the most common type of underwriting assignment undertaken in the United States.

Browse dictionary entries near firm commitment underwriting

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  2. ‹ firkin
  3. ‹ firing pin
  4. ‹ firing order
  5. ‹ firing line
  6. ‹ firing
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  8. ‹ firewood
  9. ‹ FireWire
  10. ‹ fireweed
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