Formula basis

Formula basis

A method of selling a new issue of common stock in which the SEC declares the registration statement effective on the basis of a price formula rather than on a specific range.

Formula Basis

A way to make a new issue of common stock in which the SEC approves the determination of the initial price according to a certain, stated formula.
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Transmission Rate Case: In May 2017, PECO filed a request with the Federal Energy Regulatory Commission to determine transmission rates on a formula basis, which will be updated annually.
through the program, state and local educational agencies (seas and leas) receive funds on a formula basis.
However, there are certain categories of telecom/ broadcast licensees to whom spectrum is assigned administratively and SUC is based on a formula basis.
5,868 for 28 tablets on cost plus formula basis in partial modification of the provisions of the Drugs Pricing Policy-2015 after approval by the Prime Minister of Pakistan.
Stephen Catchpole, managing director at TVU, said: "The Growing Places Fund was allocated on a formula basis using population and employed earnings which resulted in an allocation of PS8.5m to the Tees Valley.
Both companies will cover the cost of their respective expenses and will share profit on a formula basis. PDI also will provide financial support to its partner, primarily for working capital needs.
Is there any special provision for payment of compensation on structured formula basis?
Most Tamil films are produced on a formula basis giving importance to the exploits of the hero who comes triumphant at the end in spite of the numerous problems and challenges.
If on a formula basis, then contributions are made under a formula typically tied to employer profits (e.g., 5 percent of net profits after taxes, 10 percent of gross profits in excess of $100,000, or some other profit-driven formula).
CME Group has launched trading and clearing services for three new Argus Sour Crude Index (ASCI) swap futures contracts and an Argus WTI formula basis calendar month swap futures contract.
Schools funding operates on a formula basis because a simple sum per pupil would not generate sufficient funding for small schools to be financially viable in their own right.
The hand-out will be funded by abolishing what Mrs Spelman referred to as the "highly bureaucratic and inefficient" Housing and Planning Delivery Grant which is distributed to local authorities on a complex formula basis.