Created by: kirb
Number of Blossarys: 2
The right of an underwriter to reduce the number of securities being sold in an offering, generally the number of those securities being sold by selling stockholders. This right is designed to ...
An investment bank that chooses to be responsible for the process of selling new securities to the public. An underwriter usually chooses to work with a syndicate of investment banks in order to ...
An option is said to be under water if the current fair market value of a stock is less than the option exercise price.
An expression referring to 2 times the original amount. For example, a preferred stock may have a "two x" liquidation preference, so in case of liquidation of the company, the preferred stock ...
A process resulting in a substantial increase in a company's revenues, profits and reputation.
Stock that has been issued by a company and then subsequently repurchased by the company (i.e., in a redemption) but that has not been retired and can therefore be reissued (i.e., sold again) by the ...
A portion of a set of securities. Each tranche may have different rights or risk characteristics.