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 Beneficial Ownership:
- Examples Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation best-efforts sale definition.
- Definition "Bring It Out":
- Examples In the context of general equities, make stock available for sale to indicated buyers best-efforts sale explain.
- Definition Barbell Strategy:
- Examples A fixed income strategy in which the maturities of the securities included in the portfolio are concentrated at two extremes best-efforts sale what is.
- Definition Balanced Fund:
- Examples An investment company that invests in stocks and bonds. The same as a balanced mutual fund best-efforts sale meaning.
- Definition Basis Risk:
- Examples Uncertainty about the basis at the time a hedge may be lifted. Hedging substitutes basis risk for price risk best-efforts sale abbreviation.
