Spinning

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Related to spin casting: Centrifugal casting

Spinning

In investment banking, the practice of an investment bank setting aside portions of a corporation's Initial Public Offering for senior management of that corporation. Ethically questionable practice which appears to be a form of bribery.

Spinning

The act or practice of an underwriting or brokerage firm giving shares of an IPO, especially a popular issue, to major executives in some company unrelated to the company issuing the IPO. These executives return the favor by recommending that their clients do business to the underwriter or broker. The relationship is mutually beneficial because the executives profit from the shares in the IPO and the underwriter or broker profits from the new business. However, it is controversial and some believe spinning to be unethical. Spinning should not be confused with spinning off, which is a different concept altogether.

spinning

The allocating of shares of a hot initial offering by a securities firm to the personal account of a corporate executive in anticipation of gaining future business from the executive's firm.
References in periodicals archive ?
4]Pc] and 20% of PS solutions of chosen concentrations, were prepared and deposited on glass samples by spin casting.
For this project, EcoCast was applied to the inside of the pipe by spin casting.
The main results obtained from the present study are as follows: (i) Spin casting of azopolymers from mixed dioxane/THF produces films with a lower melt viscosity and seemingly a larger free local volume than the same polymers cast from pure THF.
After lunch and "Dress for Fishing Success" Fishing Fashion Show, the women will participate in several “hands-on” fishing stations, such as conservation techniques, spin casting, net casting, landing and releasing, trailer backing, fly casting, knot tying, gaffing grapefruits, boat handling and reeling against pressure, until 4:30 pm.
In some cases, buckling, leaks and inverts will have occurred in the existing pipe, requiring repair prior to spin casting.
The samples measured in this study were prepared by spin casting as described above.