Advertising

Standby arrangement

• A formal guarantee that any shares that are not subscribed or sold publicly will be purchased by the investment banker.

 
 Embedded terms in definition
 Investment banker
Investment bank
Shares
Will
 
 Related Terms
 Composition arrangement
Cost company arrangement
Sale leaseback arrangement
Standby agreement
Standby fee
Standby letters of credit slc's
Target zone arrangement

<< Standby agreement Standby fee >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function. - F. Scott Fitzgerald

Advertising



Copyright 2009-2018 GVC. All rights reserved.