Examlex
When Claudette found a flaw in a major outgoing order and corrected it before it was shipped, her boss gave her two vouchers to the best steak house in town. What is this type of incentive called?
Spread
The difference between two prices, rates, or yields, often measuring the gap between bid and ask prices or between interest rates.
Commitment
A pledge or obligation to do something, often used in the context of agreements or contracts.
Standby Underwriting
A type of underwriting where the underwriter agrees to buy any remaining shares not sold in a public offering, ensuring the issuing company sells all shares.
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