InvestorWords.com

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.


Related Videos




Search for another term


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