Examlex
-What is the client's most likely problem?
Spread
The difference between two prices, rates, or yields, often measuring the gap between bid and ask prices or between interest rates.
Commitment
A pledge or obligation to do something, often used in the context of agreements or contracts.
Standby Underwriting
A type of underwriting where the underwriter agrees to buy any remaining shares not sold in a public offering, ensuring the issuing company sells all shares.
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