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Back Stop

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Back Stop
In an issue of new stock, a guarantee made by an investor, usually an institution, to a publicly-traded company that it will buy the remainder of an issue if the company is unable to place it all with other investors. For example, an institution may announce that it will provide 100% back stop to a company's new issue up to $50 million. If the company only raises $35 million by placing the security with other investors, the institution will buy the remaining $15 million worth of stock.


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If you've received a rip-off text from a fake friend, or a phone firm offering "free" services, you should text back STOP and the provider must cease all contact.
And with Paul Jones - widely regarded as the best back stop in the game - supporting the batting strength of Gary Fish, Mark Johnson and Leighton Martin, they forma formidable line-up.
These can incorporate a unique 'Rear Guard' shelf back stop which reduces waste by preventing stock from falling off the back of the shelf thus reducing stock loss and cost, cleaning time and generally improving hygiene.
 
 
 
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