Retention


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Retention

The number of units allocated to an underwriting syndicate member less the units held back by the syndicate manager for facilitating institutional sales and for allocation to nonmember firms. In the context of construction contracts, an amount retained from construction contract payments (5-15% of the contract price) to ensure the contractor completes the construction before the retention is returned.

Retention

Prior to a new issue, the percentage of securities given to an underwriting syndicate to place with investors after making allowances for any underwriters that are not part of the syndicate as well as placement with institutional investors.

retention

The securities that are distributed to members of an underwriting syndicate after accounting for the portion of the new issue retained for sales to institutions and members of the selling group who are not also part of the syndicate.
References in periodicals archive ?
As an alternative to schedule-based retention, the uniform rule approach is straightforward.
A common misuse of retention occurs where some works are outstanding at completion or handover of the project - the employer using this as justification to avoid releasing half of the retention money.
Lacking a better tool, retention administrators who are looking to target at-risk students for their programmatic interventions might therefore consider high school class rank.
6 percent retention rate in 2004, which is an improvement of about a percentage point over the first three years of the decade (and the same rate as in 2003).
The lower air content produces less foam, fewer deposits, improved formation, higher chemical retention, faster drainage, and better sheet formation.
An important part of an overall document retention policy is compliance with IRS requirements.
Managing e-mail as a business process involves the three major areas of retention, disposition and accessibility.
In addition, The Sarbanes-OxleyAct of 2002 and regulations promulgated thereunder established record retention requirements for accounting firms that audited publicly traded companies.
Roderick's message in the CCSR press release accompanying the report itself was somewhat more nuanced: "The bottom line is that, without substantial supports, neither social promotion nor retention will improve low-performing students.
File systems, email systems and many document management systems, which contain electronic records, were never designed with records retention in mind.
If the tail rotor blades being removed are to be installed in the same gear box, and the color bands have worn off, use a grease pencil and put index marks on blades, retention plates, pitch control rods, and pitch beam so they are reinstalled in the same clockwise and inboard/outboard positions to minimize rebalancing of the tail rotor.