411 REFERENCE · Wiktionary
Festübernahme
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
German
Etymology
de :af fest<t:firm/fixed> Übernahme<t:takeover/assumption>
de fest Übernahme firm/fixed takeover/assumption
Pronunciation
de [ˈfɛstʔyːbɐˌnaːmə]
de Fest über nah me
Noun
f
de finance firm commitment underwriting an underwriting agreement where the underwriter buys the entire issue from the issuer and resells it to the public, assuming full financial responsibility for any unsold shares
de Bei einer Festübernahme trägt das Bankenkonsortium das volle Platzierungsrisiko. In a firm commitment underwriting, the banking syndicate bears the full placement risk.
Declension
f
Synonyms
de Emissionsübernahme general term for underwriting
de Underwriting anglicism
Antonyms
de Absatzzusage best efforts underwriting; where the bank does not guarantee the sale
Hypernyms
de Emissionsgeschäft issue business
de Übernahme assumption/takeover
Coordinate terms
de Basiswert the security being underwritten
de Emittent the entity whose securities are being issued
de Konsortium the syndicate performing the underwriting
de Platzierungsrisiko the risk of failing to sell the securities to the market
de Übernahmeprovision underwriting commission
Related terms
de festschreiben to fix/codify
de Übernahmevertrag underwriting agreement
References
Festübernahme
Festübernahme