DISTRIBUTING SYNDICATE
Syndicate made up of a group of investment banks or brokerage firms, working to underwrite and sell an initial public offering (IPO) of securities to the market. Investment banks frequently create syndicates when dealing with huge securities offerings to minimize risk and escalate the possible network of contacts. It is especially true in firm commitment earnings where the distributing syndicate may sustain substantial losses if they fail to sell the full offering.
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Fraternal Organization
A brotherhood organization whose members freely associate for a mutually beneficial purpose such as for professional, and social principles.
Closed Loop MRP
Manufacturing resource planning system used in production planning and inventory control, with an information feedback feature allowing plans to be ...
Escalator Clause
Contract provision calling for an increase in prices to another party. These are normally linked to factors beyond their control such as inflation. ...
Tracker Fund
Index fund trailing the performance of a broad market index or segment. It invests in all or some of the securities within the fund. Also called in ...
Debenture
It is a debt instrument that is not secured by a physical asset or a collateral. It is backed by general creditworthiness of the issuer. Both corpo ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
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