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Gross spread

• The difference between the price that the issuer receives for its securities and the price that investors pay for them. This spread equals the selling concession plus the management and underwriting fees.

• The fraction of the gross proceeds of an underwritten securities offering that is paid as compensation to the underwriters of the offering.

 
 

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 Gross
Issuer
Its
Plus
Securities
Spread
Underwriting fee
Underwriting
 
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