Examlex
List three primary differences between PhD and PsyD programs.
Oversubscribed
Oversubscribed refers to a situation where the demand for a new issue of securities exceeds the available supply, often leading to allocation adjustments or a rise in the issue price.
Underpriced Issues
Securities that are sold at a price below their market value, often leading to immediate profits for investors who purchase them during the issuance.
Green Shoe Provision
A clause in an underwriting agreement that allows underwriters to buy and sell additional shares than originally planned.
Protective Covenant
Part of the indenture limiting certain transactions that can be taken during the term of the loan, usually to protect the lender’s interest.
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