An underwriter "builds a book" by accepting orders from fund managers indicating the number of shares they desire and the price they are willing to pay.
Investment dictionary. Academic. 2012.
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Book building — is basically the process of generating a book of investor demand for the shares during an IPO for efficient price discovery. Usually, the issuer appoints a major investment bank to act as a book runner.Book building is a common practice in… … Wikipedia
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book building — /ˈbʊk bɪldɪŋ/ (say book bilding) noun Commerce a process for raising capital for a company in which securities are offered to investors within a price range, the investors making an offer within that range and the final price being announced… … Australian English dictionary
Book building — Композиция книги … Краткий толковый словарь по полиграфии
book-building — A method of implementing an offer for subscription or offer for sale. It is a compromise method of issue which draws on elements of a fixed price offer and a tender. Prior to the issue of shares, the issuing house conducts a bookbuilding exercise … Financial and business terms
book building — A method of implementing an offer for subscription or offer for sale. It is a compromise method of issue which draws on elements of a fixed price offer and a tender. Prior to the issue of shares, the issuing house conducts a bookbuilding exercise … Financial and business terms
book-building — Fin the research done among potential institutional investors to determine the optimum offering price for a new issue of stock … The ultimate business dictionary
Book Tower — Infobox Skyscraper building name = Book Tower | built = 1916 1926 use = office location = 1265 Washington Boulevard Detroit, Michigan USA roof = 145 m (475 ft) top floor = antenna spire = floor count = 38 stories floor area = 118,571 m² architect … Wikipedia
book build — /ˈbʊk bɪld/ (say book bild) noun Commerce an instance of book building … Australian English dictionary
Book Runner — Das Bookbuilding Verfahren beschreibt ein Verfahren der Platzierung von Wertpapieren, bei dem interessierte Investoren innerhalb einer bestimmten Zeichnungsfrist auf den Kauf dieser in einer vorgegebenen Preisspanne bieten können und am Ende der… … Deutsch Wikipedia