Advertising

Underwriting syndicate

• A group of investment dealers who buy the security issue from the company and then resell it to investors (savers). Each member of the group will underwrite a portion of a large security issue, thus lessening the risk of loss to any single firm.

• A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: lead underwriter.

 
 Embedded terms in definition
 Buy
Firm
Investment bank
Issue
Lead
Member
Risk
Security
Sell
Syndicate
Underwriter
Underwrite
Underwriting
Will
 
 Related Terms
 All or none underwriting
Dual syndicate equity offering
Firm commitment underwriting
Syndicate
Underwriting
Underwriting fee
Underwriting income

<< Underwriting income Underwritten offering >>

Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

A hero is no braver than an ordinary man, but he is braver five minutes longer. - Ralph Waldo Emerson

Advertising



Copyright 2009-2018 GVC. All rights reserved.