Definitions (2)

1. The extent to which the underwriter of a security will participate in a new issue. The hierarchy of a bracket is as follows: bulge bracket, major bracket, minor bracket, underwriter, selling group.
2. A financial market that is not trending.

Use bracket in a sentence

You should always know what bracket you fall in and do your best to adapt to what that means for you.

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My playoff bracket was vet and I had twenty dollars on one of the teams winning it all and taking home the trophy.

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The bracket was mentioned during the meeting last week, the underwriter suggested we continue as we had planned to do.

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