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Negotiated Sale |
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Negotiated sale Determining the terms of an offering by negotiation between the issuer and the underwriter rather than through competitive bidding by underwriting groups. Negotiated Sale An agreement made directly between an issuer of a security and an underwriter whereby the underwriter will place the new issue with investors in exchange for a commission or fee. The commission or fee is negotiated directly between the issuer and the underwriter; this contrasts with competitive bidding, where an issuer attempts to extract the best price from many different underwriters. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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