pot is clean
Pot is clean
Phrase used when managing underwriter has sold the entire pot.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Pot Is Clean
Informal for fully subscribed.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
pot is clean
Used as an indication from the lead underwriter of a new issue that the securities set aside for sale to institutional investors have been sold.
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.