Examlex
As an omnichannel retailing operation matures, as in the case of Walmart, what tends to happen to its organizational structure?
Securities Act of 1934
A U.S. law enacted to regulate the secondary trading of securities (stocks, bonds, etc.), establishing rules and procedures to prevent fraud and manipulation.
Underwriting
Underwriters (investment bankers) purchase securities from the issuing company and resell them. Usually, a syndicate of investment bankers is organized behind a lead firm.
Investment Banking
A sector of banking focused on helping individuals, corporations, and governments raise capital through underwriting or acting as the client's agent in issuing securities.
IPO
An Initial Public Offering (IPO) is the process by which a private company offers its shares to the public in a new stock issuance to raise capital.
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