Odd Lot Resale


 

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Odd Lot Resale

An offer made by the corporation or its agent to purchase shares from odd-lot shareholders and immediately resell them in the market, usually in round-lots to institutions, thus saving the corporation the expense of merely buying shares back.



Odd Lot Resale

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Presale order

Presale order

An order to purchase part of a new municipal bond issue that is accepted by an underwriting syndicate before an official public offering.




 
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