Best Efforts Offering
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An IPO in which an investment bank will not guarantee any proceeds to the firm, but will instead make its best efforts to raise capital. |
Related Terms: | ||
Capital The amount of money you have invested. When your investing objective is capital preservation, your priority is ... Capital Gain The profit realized when a capital asset is sold for a higher price than the purchase ... Premium Discount Brokers A premium discount broker could be a firm like Fidelity or Charles Schwab. The commission rates are ... |
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