underwriting syndicate
underwriting syndicate
Finance dictionary of financial terms
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Economics and finance
Definition of underwriting syndicate
underwriting syndicate: A group of investment dealers who buy the security issue from the company and then resell it to investors (savers). Each member of the group will underwrite a portion of a large security issue, thus lessening the risk of loss to any single firm.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of underwriting syndicate
Meaning of underwriting syndicate
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