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circle
(redirected from come full circle)

    Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.01 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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? Mentioned in ? References in periodicals archive
 
What started as a few friends getting together in a Chelsea apartment, where Danial Shapiro and Joanie Smith would dance to the music of Smith's sister, Soozie Tyrell, and Tyrell's best friend, Patti Scialfa, has come full circle 20 years later.
Preview: Shapiro & Smith Dance by Poon, Kina / Dance Magazine
``I was always up to no good,'' he says, ``So it's come full circle.
FERRELL'S BIG FRAT GREEK COMEDY by Daily News (Los Angeles, CA)
Downtown, which had come full circle over the past six years -- becoming a true 24/7 community -- is now in full reverse mode.
Downtown will be better than ever by Moinian, Joseph / Real Estate Weekly
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