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Glossary > S > "Standby Underwriting" Definition

Standby Underwriting

An agreement whereby an investment bank (the underwriter) will purchase the portion of a new securities issue that remains after a public offering.

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Standby Underwriting - An agreement whereby an investment bank (the underwriter) will purchase the portion of a new securities issue that remains after a public offering.

Standby Underwriting : an agreement whereby an investment bank (the underwriter) will purchase the portion of a new securities issue that remains after a public offering.