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Louis XIV was pushed to rule the nobility closely because of
Rights Offering
A strategy by which companies raise additional capital, by giving existing shareholders the right to purchase additional shares at a predetermined price, usually at a discount.
Preemptive Privilege
The right given to existing shareholders to buy new shares before they are offered to the public, usually at a discount, to maintain their percentage of ownership.
Standby Underwriting
A financing arrangement in which an underwriter agrees to buy any unsold shares after a public offering.
Underpriced IPO
An initial public offering priced below its market value, often leading to immediate gains for initial investors.
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