Securities Underwriting
/ˈsɪkjʊrɪtiz ˌʌndərˈraɪtɪŋ/
Definitions
- (n.) The process by which investment banks or financial institutions assume the risk of distributing new securities by purchasing them from issuers and reselling them to investors.
The firm specializes in securities underwriting for initial public offerings.
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Commentary
Securities underwriting involves both risk assessment and capital deployment; precise terms are often governed by underwriting agreements.
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