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单词 COMPETITIVE BID UNDERWRITING
释义

An UNDERWRITING of a NEW ISSUE of securities that is awarded by the issuing company to the UNDERWRITER that proposes the most favorable terms (generally a combination of lowest YIELD, lowest fees, broadest distribution, and strongest research and SECONDARY TRADING support). See also BEAUTY CONTEST, NEGOTIATED UNDERWRITING.

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更新时间:2025/4/17 17:38:08