Examlex
What is the primary purpose of an applicant tracking system?
Initial Margin
The minimum amount of capital required to be deposited in a margin account before trading on margin or selling short.
Underwriting Arrangement
The process by which an underwriter brings a new security issue to the public, often assuming the risk of selling the securities.
Investment-Banking Firm
A financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
Underwriting Syndicate
A group of investment banks that work together to issue new securities to the market, sharing the risk and responsibility of selling the offering.
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