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What Is an Error Correction Code (ECC)

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What is an error correction code (ECC)?


Definitions:

Firm Commitment Underwriting

An agreement in which an underwriter commits to buying all the securities offered by the issuer and selling them to investors, taking on the full risk of selling the securities.

Stock Offering

The issuance of new shares by a company to the public or existing shareholders to raise capital.

Number Shares

The total units of stock currently held by all shareholders of a particular company, including restricted shares owned by company insiders.

Venture Capital

Financing provided by investors to startup companies and small businesses with perceived long-term growth potential.

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