See Also: Best-efforts sale(money)
Best efforts(money)
Best efforts(finance)
Best Efforts Offering(money)
Tight money or dear money(finance)
sale(2)(dictionary)
Last sale(money)
sale(dictionary)
SLD last sale(finance)
sale(1)(dictionary)

Best-efforts sale (money)


Definition: [crh] A method of securities distribution/underwriting in which the securities firm agrees to sell as mucDefinition: h of the offering as possible and return any unsold shares to the issuer. As opposed to a guaDefinition: ranteed or fixed-price sale or bought deal, in which the underwriter agrees to sell a specific number of shares (and hoDefinition: lds any unsold shares in its own account if necessary).