A securities transaction in which no commissions or extra fees are paid, such as in an initial public offering.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A transaction of a security in which there are no fees or in which the fees are included in the price. That is, the price quoted for such a transaction is the price the buyer will pay, regardless of anything else. A common net transaction is an initial public offering. See also: All-in cost.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A transaction in which no additional fees are paid. For example, securities that are part of a new issue are priced to include all fees.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.