Spinning

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Related to spin casting: Centrifugal casting

Spinning

In investment banking, the practice of an investment bank setting aside portions of a corporation's Initial Public Offering for senior management of that corporation. Ethically questionable practice which appears to be a form of bribery.

Spinning

The act or practice of an underwriting or brokerage firm giving shares of an IPO, especially a popular issue, to major executives in some company unrelated to the company issuing the IPO. These executives return the favor by recommending that their clients do business to the underwriter or broker. The relationship is mutually beneficial because the executives profit from the shares in the IPO and the underwriter or broker profits from the new business. However, it is controversial and some believe spinning to be unethical. Spinning should not be confused with spinning off, which is a different concept altogether.

spinning

The allocating of shares of a hot initial offering by a securities firm to the personal account of a corporate executive in anticipation of gaining future business from the executive's firm.
References in periodicals archive ?
Regarding the spin casting process, three levels of rotation were implemented.
The main results obtained from the present study are as follows: (i) Spin casting of azopolymers from mixed dioxane/THF produces films with a lower melt viscosity and seemingly a larger free local volume than the same polymers cast from pure THF.
To seal the concave surface they applied a layer of pure polyester resin, shaped by spin casting to within a fraction of a millimeter of the desired paraboloidal curve.
Hands-on skill practice follows lunch, for releasing, knot tying, dehooking, bait rigging, spin casting, gaffing grapefruits, cast netting, trailer backing, boat handling, reel maintenance and more.
In some cases, buckling, leaks and inverts will have occurred in the existing pipe, requiring repair prior to spin casting. AP/M's self-consolidating PL-12,000 mortar is pumped into the damaged inverts.
The samples measured in this study were prepared by spin casting as described above.
After lunch and "Dress for Fishing Success" Fishing Fashion Show, the women will participate in several “hands-on” fishing stations, such as conservation techniques, spin casting, net casting, landing and releasing, trailer backing, fly casting, knot tying, gaffing grapefruits, boat handling and reeling against pressure, until 4:30 pm.
Hands-on skill practice sessions follow for releasing, knot tying, dehooking, bait rigging, spin casting, gaffing grapefruits, cast netting, trailer backing, boat handling, reel maintenance and more.