Dual syndicate equity offering


An international equity placement that splits the offering into two branches - domestic and foreign - and each grantee is handled by a separate lead manager.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Acid test ratio

Also called the quick ratio, the ratio of current assets minus inventories, accruals, and prepaid items to current liabilities.

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