circle
Definition
The term used to indicate which potential purchasers of an upcoming offering have agreed to buy at a specified price. The name derives from the fact that an underwriter or Registered Representative goes down a list of potential purchasers and circles those who commit to the purchase.
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Related Terms
IPO, circle of competence
'circle
' appears in the definitions of these terms on BusinessDictionary.com reinforcing feedback, pie chart, quality circle (QC), Plimsoll mark, polygon, and
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