Examlex
Which minister resigned in solidarity with Jody Wilson-Raybould?
Underwriter
A professional or company that assesses and accepts the risk of another party, often used in insurance and securities issuing.
Initial Public Offering (IPO)
The first sale of stock by a company to the public, marking the transition from a private entity to a public company.
Gross Spread
The difference between the underwriting expense of a security and the amount received from the selling group.
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