A commitment by an underwriter to purchase for resale any part of a new issue offered to current shareholders in a rights offering which remains unsubscribed.
Related information about standby commitment:
- Standby commitment - Financial Dictionary - The Free Dictionary
An agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not ...
- What is standby commitment? definition and meaning
Definition of standby commitment: A commitment by an underwriter to purchase for resale any part of a new issue offered to current shareholders in a rights ...
- Standby Commitment: Definition from Answers.com
Securities: agreement between a corporation and an investment banking firm or group (the standby underwriter) whereby the latter contracts to purchase.
- What is standby loan? definition and meaning
... that permanent financing will be available when a project is complete and is generating income. Also called special purpose credit or standby commitment.
- Definition of Standby Commitment
standby commitment -- a promise by a lender to lend a specified amount of money at specified terms at a future date. The borrower has the right to cancel the ...
- standby commitment Definition | Business Dictionaries from ...
The risk to the investment banker in a standby commitment is that the market price of shares will fall during the standby period. See also lay off for a discussion of ...
- Standby Commitment Law & Legal Definition
A standby commitment is a formal agreement by a bank agreeing to lend money to a borrower up to a specified amount for a specific period. It is also known as ...
- standby commitment | Real Estate Definition | HomeSurfer.com
Real Estate Definition: standby commitment - an agreement between a borrower and a lender where, in exchange for a standby fee, the lender agrees to keep a ...