Standby commitment


 

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Standby commitment

An agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two- to four- week standby period.



Standby commitment

Similar Matches

Firm commitment underwriting

Firm commitment underwriting

An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares.


Advance commitment

Advance commitment

A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately.


Specific commitment

Specific commitment

Under the GATS, the identification of a category of services in which a country will apply national treatment and assure market access for foreign service providers.


Loan commitment

Loan commitment

Assurance by a lender to make money available to a borrower on specific terms in return for a fee.


Loan commitment

Loan commitment

A promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms.


Further Suggestions

Commitment
Production flow commitment
Take Out Commitment
Commitment fee


 
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