Examlex
Contact metamorphism involves changes in the texture and mineralogy of a rock caused by the extreme heat and pressure of intruding magma.
Bought Deal
An agreement where an underwriter commits to buying the entire issuance of a new security and then reselling it to investors.
Underwriter
An entity or person that evaluates and assumes the risk of another entity's offerings, like securities in an IPO, insurance policies, or loans.
Financial Responsibility
Financial responsibility involves managing money in a way that allows an individual or organization to meet their obligations and prepare for future financial needs.
Ex Rights
Period when stock is selling without a recently declared right, normally beginning two business days before the holder-of-record date.
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