Spinning

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Related to spindle: spindle tree, spindle sander, Spindle speed

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 ?
CNC Spindle manufacturing companies profiled in this report include GMN, Setco, IBAG, Okuma, Omlat, SKF-Gamfior, CYTEC, Step-Tec, NSK, Tajmac, Fischer, RPS, Siemens, Makino, ZYS, Anyang Laigong, Shenzhen Sufeng, Wuxi Machine Tools, Jiangsu Xinglun, DAKE, Hua-An Universal Ltd, Wuxi Bohua, Shandong Best Precision and Haina Spindle.
We also established a technique for cutting a spindle into two halves using glass microneedles (<1 um in tip diameter) (Figure 2).
Failure to do so will cause the carbide of the center groover to hit the body of the other cutters and may result in the center groover bending when the set is tightened on the spindle.
This process should be followed whether you require six or seven spindles or 30 on an open-plan staircase.
The Posalux machine ("PX") contains two spindle drills on the same station, and drills on two independent X-axes with an accuracy of +/-15[micro]m.
When the spindle of a vertical machining center is rotating without machining a workpiece, the heat generated by spindle bearings and the spindle motor is mainly distributed over the spindle components and spindle box.
Using pretension in bearings increases the rigidity of the spindle system.
Mitotic spindle positioning is known to depend on microtubule-cortical interactions in several animal systems (Lutz et al.
Two terracotta spindle models, however, were found in tombs at Bellapais Vounous on the north coast (Dikaios 1940: 63, plate LVI.
Scattered foci of spindle cell proliferation with myxoid changes and rare mast cells were seen admixed within the mature adipose tissue (Figure, B and C).
In addition to reducing disc flutter and windage problems by use of a smaller diameter disc, additional improvements were made with regard to spindle balance.
com customers told us they wanted an easy way to find the right Dynomax spindle for their particular applications," said Mark Zic, head of sales and marketing for Dynomax.