Retention


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Retention

The number of units allocated to an underwriting syndicate member less the units held back by the syndicate manager for facilitating institutional sales and for allocation to nonmember firms. In the context of construction contracts, an amount retained from construction contract payments (5-15% of the contract price) to ensure the contractor completes the construction before the retention is returned.

Retention

Prior to a new issue, the percentage of securities given to an underwriting syndicate to place with investors after making allowances for any underwriters that are not part of the syndicate as well as placement with institutional investors.

retention

The securities that are distributed to members of an underwriting syndicate after accounting for the portion of the new issue retained for sales to institutions and members of the selling group who are not also part of the syndicate.
References in periodicals archive ?
In January 2018, Conservative MP Peter Aldous introduced a Private Members Bill, called The Construction (Retention Deposit Schemes) Bill 2017-19, into the House of Commons.
Causes of water retention: Water retention could be caused due to many reasons, some of the common ones include:
However, the program did not fully explore one important topic: the actual results of retention elections.
Micronutrient retention in processed biofortified foods may be calculated as either apparent or true retention [1].
Retention has received a formidable place in research during past, as well as in contemporary era.
It was concluded that there was a significant improvement in the retention of mandibular complete denture after using both forms of denture adhesives.
Then, someone must notify the person responsible for managing that record about the termination to ensure that the retention clock starts ticking, wherever that official record lives.
The GOC informed OT last week that 1,848 of the 5,150 students expected to apply for retention have done so already.
The Avalere analysts came up with their retention rate projections by dividing the 2015 numbers, which may include a mix of data on effectuated enrollees with data on selectors, with the 2014 numbers, which, apparently, may also a include a mix of data on effectuated enrollees and selectors.
Yet, given their poor retention rates post-deal, it s reasonable to deduce that acquirers fail to get the most out of such transactions, said Massimo Borghello, Towers Watson s head of M&A services in Asia Pacific.
Absorbing risk through retention has advantages for medical device companies.
Karen Kyer, executive sales underwriter at The Hanover Insurance Group Inc., says that much of the art of setting the right retention level relates to "the use of the device, whether or not it is used in the clinical setting or home use, number of devices on the market, etc.