standby underwriting

Underwriting in which the underwriter agrees, for a fee, to buy from the issuer any unsold shares remaining after the public offering.

— Also termed strict underwriting.

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词条贡献者

资深译员Fang，毕业于美国一流的高级翻译学院，专注翻译各种与主权及机构投资有关的法律文件。