tentative order

Tentative Order

An order that an investor makes to an underwriter before a new issue. Before a new issue, underwriters canvass potential investors, who may or may not book a tentative order to buy a portion. Tentative orders are not final until the new issue actually takes place, because it is illegal to sell a security that has not been issued. Tentative orders help underwriters gauge the level of interest in the new issue. See also: Overbooked, Underbooked, Fully Subscribed.

tentative order

A customer order that is made for part of a new securities issue before all the terms of the issue have been set. Underwriters take tentative orders to determine investor interest in a new issue. This practice assists the underwriters in pricing and sizing the issue.
References in periodicals archive ?
Le Bourget, France -- Boeing has announced a tentative order from Indonesia's Garuda airline for up to 60 jets at the opening of the Paris Air Show.
Eastern also placed a tentative order for up to 40 Mitsubishi Aircraft Corp.
com/has the full line-up with rough times and a tentative order of appearance.
British Airways said on Sunday that it and its co-applicants "will review the DOT s tentative order and respond according to the timeframe established for comments.
Working from a tentative order for 125 Model B Global units bound for Argentina, the company built 11 prototype tractors.
Among recent deals was a tentative order from Singapore Airlines for 20 Airbus A350 planes and nine Airbus A380 superjumbos and one from German budget airline Blue Wings for 20 from the single-aisle A320 series.
Sabraw's previous tentative order that the personnel records of accused priests and the names and general background of the alleged victims could be made public.
Establish a tentative order of march before deploying to the ISB, convoy to the ISB in that order, and then park accordingly.
In spite of these difficulties Mette has established a tentative order of the pages, has edited the written Sanskrit text and presented a careful translation of each page.
The chairman of the bond committee said that Monday's ruling, issued to clarify a tentative order released Friday, expands the committee's role.
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