selling concession

Selling concession

The discount underwriters offer the selling group on securities in a new issue.

Selling Concession

The compensation that an underwriter receives for placing a new issue with investors. It is calculated as a discount from the price of the new issue. For example, an issuer may sell the underwriter a bond at $990 per bond. The underwriter will then place the issue at $1,000, allowing it to make a $10 profit. This profit is the selling concession. It is also simply called a concession.

selling concession

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By the age of 12, Sophie was making PS1,000 a week as an apprentice selling concession stands at events.
Like the 7% gross spread, the standard contract of 20% management fee, 20% underwriting fee, and 60% selling concession has become more common in recent years.
"Hornby was the biggest selling concession in the toy department recently.
Now TopShop's biggest selling concession in the country for formal wear fashion, Rare has just unveiled its latest autumn/winter collection with strong Russian and military looks and a heritage influence of cord, tweed and winter shorts.
The Rotary Club will also be on-site selling concessions.
"Airport design should cater to the traveleraCOs goal of getting to the end-point (on the plane) as fast as possible, while also catering to the airportaCOs goal of selling concessions and maximizing enplanements," writes Chandra Jacobs, co-founder of the airport mapping mobile application, TripChi.
Sanders also said the foundation will be selling concessions during intermission and accepting donations.
Question: My daughter works in a movie theater, taking tickets and selling concessions. She makes pretty good money - well over the minimum wage.
"For universities, it's a good idea to place ATMs inside athletic facilities when selling concessions and merchandise.
While Bufete waited for rescue, cash grew short, credit lines were tapped and the company began selling concessions it had already won in a last-ditch attempt to raise funds.
The Rotary Club will also be on-site selling concessions. 7th heaven performs originals and covers and is known for its 30 songs in 30 minutes medley of '70s and '80s tunes.
The regulators estimate that the account would have had to earn at least 20% from July 2013 to June 2014 to cover the $77,000 in commissions and $18,200 in selling concessions, which were split between Revere and Altman, to have broken even.