"laddering." YourDictionary, n.d. Web. 12 October 2018. <http://www.yourdictionary.com/laddering>.
laddering. (n.d.). Retrieved October 12th, 2018, from http://www.yourdictionary.com/laddering
laddering - Investment & Finance Definition
practice of initial public offering (IPO) underwriters that requires investors
to buy shares at higher prices in the after-market as a condition for receiving
lower-priced shares of the IPO. Following the stock market bubble that burst
after reaching historic highs in early 2000, laddering has been mentioned as
one possible explanation for the unique run up in first-day trading prices of
IPOs during the bubble. Some IPOs even made triple-digit one-day gains.
management, the practice of purchasing equal amounts of bonds with staggered
maturity risk. Staggered maturity risk spreads out the risk of interest rate
changes over time.