Global Networks of Crime Have Been Expanded by the __________

question 36

Short Answer

Global networks of crime have been expanded by the __________.

---

Definitions:

Underwriters

Financial specialists who assess and take on certain risks by guaranteeing to pay a certain amount for securities offered by a corporation or government.

Best-efforts Offering

A type of securities underwriting where the underwriter agrees to sell as much of the offering as possible, but not to purchase the securities outright.

Syndicate

A group of individuals or organizations that come together to conduct business or pursue a common goal, often used in reference to investment and banking sectors.

Bought Deal

An agreement where an underwriter commits to buying the entire issuance of a new security and then reselling it to investors.