Examlex
The joint and individual interests of oligopolists are to maximize industry profit.
Underwriting Syndicate
A group of financial institutions that work together to issue new securities to the public, sharing the risk associated with the underwriting process.
Investment Banks
Financial institutions that provide a variety of services, including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.
Initial Margin
The minimum amount of equity required to enter into a leveraged position or futures contract to cover potential losses.
Margin Loan
A loan given by a broker to an investor to purchase securities, where the securities act as collateral for the loan.
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