Bidding through the market
Definition
In the context of general equities, aggressive willingness to purchase a security at a premium to the inside market. Contrasts with bidding buyer.
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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Managing underwriter
The leading firm in an underwriting group, which originates the deal and acts as an agent for the group.
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