underwriter
An investment bank that acts as an intermediary between the issuing company and the investors who purchase the company's debt instruments and/or stock at the initial public offering (IPO). The underwriter buys the newly issued securities from the company and sells them to investors on the secondary market through a stock exchange. See Book Running Manager; Co-Underwriter; Lead Underwriter; primary market.
Browse by Subjects
investment bank
lead manager
direct public offering (DPO)
underwriting syndicate
underwriting fee
See All Related Terms »

time and sales
Variable maturity option
buyer
Volatile
Export-Import Bank of the United States