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circle
(redirected from circler)

    Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Circle
Underwriters, actual or potential, often seek out and "circle" investor interest in a new issue before final pricing. The customer circled has basically made a commitment to purchase the issue if it is available at an agreed-upon price. If the actual price is other than that stipulated, the customer supposedly has first offer at the actual price.
circle
A process used in finding interested buyers of a new security issue before determining the final price. A potential customer will be given a preliminary price (for example, the interest rate for a bond or the selling price for a stock) and will commit to a purchase if the issue is actually priced at the preliminary estimate. A different price permits the customer to back out or to get the first chance to buy the issue at the new price. Compare indication of interest.
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He has noticed that at the booth "we get a lot of circlers.
... And, dear God, please supersize that, amen by U.S. Catholic
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