Advertising

Undivided account

• Refers to a new issue underwriting whereby each member is responsible to distribute her allocated portion of the deal. After the member sells her portion, her liability remains with regard to the syndicate if there is remaining inventory. This compares to a Divided Account.

 
 Embedded terms in definition
 Divided account
Inventory
Issue
Liability
Member
New issue
Syndicate
Underwriting
 
 Related Terms
 

<< Undiversifiable risk Unearned income >>

Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

There's a saying among prospectors: "Go out looking for one thing, and that's all you'll ever find." - Robert Flaherty

Advertising



Copyright 2009-2019 GVC. All rights reserved.