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concession

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.04 sec.
Concession
A selling group's compensation in a stock or bond underwriting agreement.

Notes:
This is usually on a per-share or per-bond basis.

Concession
The per-share or per-bond compensation of a selling group for participating in a corporate underwriting.
concession
The dollar discount from a security's retail selling price received by members of an underwriting syndicate. For example, a syndicate member paying $995 for a bond to be sold at par (that is, at $1,000) is receiving a $5 concession. Also called selling concession.


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