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What does it mean to underwrite a share issue?
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What does it mean to underwrite a share issue?

User Benzion
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In the securities market, underwriting involves determining the risk and price of a particular security. It is a process seen most commonly during initial public offerings, wherein investment banks first buy or underwrite the securities of the issuing entity and then sell them in the market.
User Algorys
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What does it mean to underwrite a share issue

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