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

Production flow commitment

Production flow commitment

An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches.


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.


Loan commitment

Loan commitment

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


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.


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 fee
Take Out Commitment
Commitment
Specific commitment


 
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