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Underwriter
Investment bankers that assume the risk of buying new issues of securities from a corporation and distributes them to the public. The underwriter will profit from the fees generated by the offering which are borne completely by the issuing company.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
- Company:
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- Acronym-Abbreviation:
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