best efforts offering
In investment banking, an underwriting of an issue where the investment bank does not take on a position in the initial offering and does not guarantee any set amount of the proceeds from the offering to the company issuing the stock. A best efforts offering is less common than a firm commitment offering.
Browse by Subjects
U.S. Treasury inflation-protected securities (TIPS)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):