You are here: Home Page
/
Dictionary
Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
Underwriter
Additional Services
- Company Reports - get free company reports here!
- Stocks & Shares ISAs - look for the best ISA online
- Insurance - need home, travel or car insurance?
An investor or institution agreeing/guaranteeing for a fee to purchase the balance of an new issue of securities should general investor demand not be sufficient to take up the whole issue.
Usually, companies raising cash get the issue underwritten. In other words they take out an insurance policy that if investors decide not tobuy the shares, the insurer - a City merchant bank will.
Trade online with Moneyextra Share Dealing now .
Last Updated: January 2006 © Moneyextra.com
MoneyExtra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.