Syndicate

Also: consortium operation. Financial transaction usually of a considerable size (bond issue, loan, etc) organized by a group of several banks which form a syndicate or consortium ...

syndicate

Education; SAT vocabulary

An association of individuals united for the prosecution of some enterprise.

state bank

Banking; Initial public offering

A financial institution that has been chartered by a state to provide commercial banking. A state bank is not the same as a central or reserve bank because those banks are ...

filing range

Banking; Initial public offering

The price range that the underwriter and issuer of the IPO have agreed upon as the tentative minimum and maximum levels the stock will be priced at. This can easily be modified ...

final prospectus

Banking; Initial public offering

The last prospectus to be printed which is after the deal has been officially priced and issued to the public. It contains the final missing pieces to the registration puzzle, ...

firm committment

Banking; Initial public offering

An underwriting that has the committment of the underwriter group to distribute all the shares issued as a result of the new issuance of stock. This is the top eschelon of ...

flipper

Banking; Initial public offering

A trader in the market who is in and out of stocks usually in a matter of days or in the case of new issues maybe a matter of minutes.

float

Banking; Initial public offering

The number of shares of a company that are available for trading by the public. It does not include those shares that are closely held by officers, directors and other so-called ...

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Industry/Domain: Events Category: Awards

Golden Globes

Recognition for excellence in film and television, presented by the Hollywood Foreign Press Association (HFPA). 68 ceremonies have been held since the ...