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standby fee |
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Standby fee Amount paid to an underwriter who agrees to purchase any stock that is not purchased by public investors in a rights offering.
Standby Fee A fee paid to an underwriter in exchange for an agreement that the underwriter will purchase the remainder of a new issue that it does not place with investors. See also: Jointly and Severally. standby fee A fee charged for a standby commitment.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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