Best Efforts Sale
Best Efforts Sale definition :
A method of securities distribution/underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer.
Best efforts mortgage lock
A best efforts mortgage lock allows a mortgage originator to obtain a preliminary commitment on selling a mortgage loan into the secondary market for the purposes of pricing the mortgage for the applicant.
BEST EFFORTS - A high standard of undertaking, but nevertheless excusable in the event of a force majeu...
BEST EFFORTS OFFERING - a commitment by a syndicate of investment banks to use best efforts to ensure t...
Best efforts is a method of securities distribution or underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer.
Best Efforts Offering. A securities offering in which the underwriter is only committed to sell as many securities as possible at the price agreed to between the company and the underwriter and is not obligated to purchase securities not sold.
Best efforts
Arrangement whereby investment bankers acting as agents agree to use their best efforts to sell an issue to the public. This differs from underwriting the issue.
Best Efforts Underwriting
The IPO underwriter agrees to act only as "agent" in the transaction. The underwriter will use its best efforts to sell the issue, however, will not accept any financial liability related to placement of the issue.
Best Efforts Sale
A method of securities distribution in which the securities firm agrees to use its "best efforts" to sell as much of an offering as possible.
Best Efforts Underwriting
The attempt by an investment dealer (underwriter) to fulfill a customer's order or to sell an issue of securities, to the best of their abilities, but does not guarantee that any or all of the issue will be sold.
BEST EFFORTS " An offering in which the investment banker agrees to distribute as much of the offering as possible and to return to the issuer any unsold shares. See: All or None.
Best Efforts - In an underwriting of securities, the term refers to an agreement between the issuer and the underwriter allowing the underwriter to call off the offering if it cannot sell the minimum agreed amount of securities.
Best Efforts UnderwritingExpand/Collapse
The underwriter agrees to use his or her best efforts to sell a new issue of securities, but does not guarantee to the issuing company that any or all of the issue will be sold.
Best efforts basis
Concerning the primary issue of securities, an FI's commitment to place the securities in the market, but not to underwrite the issue, such that, if market demand for the securities was less than anticipated, ...
See also: Best Efforts, Bought Deal, Committed Facility, Competitive Bid, Dealer, IPO, Negotiated Underwriting, Standby Underwriting, Underwriting
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Firm commitment underwriting
Revolving line of credit ...
Alternatively, the investment banker may agree to use all its best efforts and its expertise to sell an issue but making no guarantee to sell the entire issue at the sell price. In US this kind of arrangement is referred as to best efforts.
An issuer will generally engage two or more dealers to offer the medium-term notes on a best efforts basis. Through those dealers, the issuer advertises a rate schedule indicating nominal yields available for various terms our to perhaps ten years.
Best efforts deals, which were common prior to 1900, entailed risks and delays from the issuer's standpoint.
Minimum-maximum underwriting: A type of best efforts underwriting. It is similar to an all-or-none underwriting until the minimum amount is raised, in that the offering is canceled if that amount is not raised.
This article is about Service we provide with best efforts during market hour at different domains without any loss of time through Effective SMS facility and chat rooms.
Positional trading tips: ...
Market or limit order in which the customer does not desire to transact automatically at the inside market (market held) but instead has given the trader or floor broker (listed stock) time and price discretion in executing on a best efforts basis ...
Investment Banking - Businesses specializing in the formation of capital. This is done by outright purchase and sale of securities offered by the issuer, standby underwriting or "best efforts selling." ...
What if your position, despite your best efforts, takes the worst possible direction and the favored top-notch, A-class company's shares lose their position, while similarly rated B Company wins?
People, BANKS and FIRMS could become so RISK AVERSE that they preferred the LIQUIDITY of cash to offering CREDIT or using the credit that is on offer. In such circumstances, the economy would be trapped in recession, despite the best efforts of ...
the wealthiest speculators often report having gone broke one or more times in their career. Because speculation offers the promise of astounding riches with little apparent effort, or the threat of devastating losses despite even the best efforts, ...
The interest rate, which may be fixed or floating, mainly depends on the credit standing of a borrower. Thus, creditworthy borrowers may find syndication more advantageous. (See also BEST EFFORTS BASIS and SHETTY COMMITTEE.) ...
Despite being 'assumptions about assumptions,' Level 3 inputs can provide useful information about fair values (and thus future cash flows) when they are generated legitimately and with best efforts, without any attempt to bias users' decisions.
(Compare 'Firm Commitment'.) [EPA] Underwriters do not commit themselves to selling a security issue but promise only to use best efforts.
 See also: Banks, Expense, Counterparty, Long position, Indenture
  
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