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Glossary > S > "Standby fee" Definition

Standby fee

Amount paid to an underwriter who agrees to purchase any stock that is not subscribed to the public investor in a rights offering.

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Standby fee - Amount paid to an underwriter who agrees to purchase any stock that is not subscribed to the public investor in a rights offering.

Standby fee : amount paid to an underwriter who agrees to purchase any stock that is not subscribed to the public investor in a rights offering.