Meaning BEST-EFFORTS SALE: A method of securities distribution/underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer. As opposed to a guaranteed or fixed-price sale, in which the underwriter agrees to sell a specific number of shares (and holds any unsold shares in its own account if necessary)
More terms such as Best-efforts sale in Dictionary B.
- Definition Bot:
- Examples Shorthand for bought. Antithesis of SL, meaning sold best-efforts sale definition.
- Definition "Buy Them Back":
- Examples Used for listed equity securities. Cover my short position best-efforts sale explain.
- Definition Barefoot Pilgrim:
- Examples A slang term for an unsophisticated investor who has lost everything on the stock market best-efforts sale what is.
- Definition Block Trade:
- Examples A large trading order, defined on the New York Stock Exchange as an order that consists of 10,000 shares of a given stock or at a total market value of $200,000 or more best-efforts sale meaning.
- Definition Bogey:
- Examples The return an investment manager is compared to for performance evaluation best-efforts sale abbreviation.
