Underwriting Agreement
/ˈʌndərˌraɪtɪŋ əˈgriːmənt/
Definitions
- (n.) A contract between an issuer of securities and an underwriter detailing the terms and conditions of the underwriting and the obligations of the parties.
The underwriting agreement outlined the responsibilities of the investment bank in distributing the new shares.
Forms
- underwriting agreement
- underwriting agreements
Related terms
See also
Commentary
Typically used in securities law, this agreement is crucial for defining the scope of the underwriter's commitment and risk allocation in a securities issuance.
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