Examlex
Generally, politically active people tend to have higher-than-average __________ and more __________.
Underwriters
Financial specialists who assess and take on certain risks by guaranteeing to pay a certain amount for securities offered by a corporation or government.
Best-efforts Offering
A type of securities underwriting where the underwriter agrees to sell as much of the offering as possible, but not to purchase the securities outright.
Syndicate
A group of individuals or organizations that come together to conduct business or pursue a common goal, often used in reference to investment and banking sectors.
Bought Deal
An agreement where an underwriter commits to buying the entire issuance of a new security and then reselling it to investors.
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