Pot

Definition:

The portion of stock or bond issue that is returned to the managing underwriter by the participating investment bankers for sale to institutional investors.

Investing Essentials


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

Term of the Day

Fully depreciated

An asset that has already been charged with the maximum amount of depreciation allowed by the IRS for accounting purposes.

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