Examlex
There have been increased reports of adolescents administering alcohol using alcohol suppositories, called "booty bumping" or "butt bongs."
Best Efforts Basis
An agreement where an underwriter promises to make a best effort to sell as much of an offering as possible, but does not guarantee the sale of all securities offered.
Fixed Commission
A specified, unchanging fee charged for services, especially in financial transactions like stock trading.
Regulatory Bodies
These are government agencies or independent institutions that supervise and regulate specific industries or economic activities to ensure compliance with laws and standards.
Inactive Market
A market in which there are few transactions, leading to less liquidity and greater price fluctuations.
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