Reallowance

Reallowance

A fee that an underwriting syndicate pays to a company that helps place a new issue with investors, but is not part of the syndicate.
References in periodicals archive ?
7% from the prior quarter primarily due to a decline in Direct Participation Program reallowance and lower transaction volumes.
Gross underwriter spread (hereafter referred to as underwriter spread) includes a management fee, underwriting fee, selling concession, and reallowance fee.
Peltier receives a percentage of the broker reallowance, which varies based on the amount his client invests.
Last quarter, the firm announced its approval as an underwriter and reallowance dealer of Federal Home Loan Bank System long-term debt programs, and as an underwriter of Freddie Mac's debt programs.
MF Global was approved by the Federal Home Loan Bank (FHLB) System as an underwriter and reallowance dealer.
NYSE: MF), a leading intermediary offering customized solutions in global cash, derivatives and related markets, has been approved by the Federal Home Loan Bank (FHLBank) System as an Underwriter and a Reallowance Dealer.
The selling concession is 61 cents and reallowance is 10 cents.
The reallowance, or the amount per share allocated to firms that are not members of the selling group, was $0.
The year-over-year decrease in total expenses was primarily due to lower third party and internal commissions and third party reallowance costs, which are attributable to reduced broker dealer revenues.
The selling concession is 57 cents and reallowance is 10 cents.
In addition to the reallowance which ranges from a maximum 2.