Examlex
If a firm refuses to hire any minorities due to a personal prejudice, its profits will
Direct Cash
Cash transactions that involve the immediate transfer of money for goods or services, without any delay in payment.
IPO Underpricing
The phenomenon where shares of a company are sold at a lower price during the initial public offering than the price at which they subsequently trade in the open market.
Offering Price
The price at which shares of a company are initially made available for purchase during an initial public offering or other issuance.
Firm Commitment
An underwriter's guarantee to the issuer to sell an entire offering of stocks or bonds at a set price.
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