Examlex
Health care improvements often don't happen because:
Rights Offering
A financial offering in which a company gives existing shareholders the right to buy additional shares at a discounted price before offering it to the public.
Underwriting Provision
A clause in financial agreements, especially in insurance and securities, where an underwriter commits to buy and resell a specific amount of securities or assumes financial risk for a fee.
Standby Underwriting Agreement
A contract where the underwriter commits to buy any shares not purchased by investors during an initial public offering (IPO) or secondary offering.
Unsubscribed Portion
That part of a new issue of securities not taken up or purchased by investors during an offering period.
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