bought deal



In securities underwriting, arrangement where (in contrast to best efforts) the entire bond or stock issue is bought (or a firm commitment is given) by a syndicate of investment bankers to ensure the sale of the entire issue in the shortest possible time. Most new issues are underwritten on bought-deal basis.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z