Takedown
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Takedown

The share of securities of each participating investment banker in a new or a secondary offering, or the price at which the securities are distributed to the different members of an underwriting group.

Takedown

The price that members of an underwriting syndicate pay for a new issue. The syndicate has the responsibility to place the new issue with investors. The amount by which the underwriters' selling price exceeds the takedown represents their profit on the placement of the new issue.

takedown

1. An investment banker's share of a new security offering.

2. The price paid by an underwriter for securities to be sold as part of a new issue.

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Takedown (redirected from Take-down)

Takedown
(redirected from Take-down)