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In a best-efforts IPO, the underwriter guarantees that all stock will be sold.
Empirical Evidence
Information acquired by observation or experimentation that is used to support or disprove theories or hypotheses.
Intellectualization
A defense mechanism in which reasoning is used to block confrontation with an unconscious conflict and its associated emotional stress.
Repression
A defense mechanism where undesirable thoughts, memories, or feelings are unconsciously pushed out of conscious awareness.
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