best efforts offering


Definition
An underwriting in which an investment bank, acting as an agent, agrees to do its best to sell the offering to the public, but does not buy the securities outright and does not guarantee that the issuing company will receive any set amount of money. Less common than a firm commitment offering.

Related Personal Finance Articles

Loading...

best efforts offering in the news

Loading...

best efforts offering is ...

... part of the Brokerages and IPOs subjects.

Search volume for best efforts offering

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z