AON Underwriting financial definition of AON Underwriting
all-or-none offering (redirected from AON Underwriting)
of a security
in which the entire issue
must be sold
or the offering is void. The lead underwriter
has the ability to cancel the offering if the entire issue is not sold. Most best effort deals are all-or-none offerings.
A securities offering in which the entire issue must be sold or the securities will be withdrawn from distribution. With an all-or-none offering, no sale is considered final until the issuer has determined that the entire issue has been distributed.