sale of shares
21best-efforts sale — A method of securities distribution/ underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer. As opposed to a guaranteed or fixed price sale or bought deal, in which… …
22short sale — The sale of security that is not owned by the seller. The seller borrows the security, sells it, and then buys it at a later date to return it to the lender. The purpose of a short sale is to attempt to profit from the fall in the price of a… …
23Institutional Shares — A class of mutual fund shares available for sale to investing institutions, either on a load or no load basis. With sizable minimum investments, usually around $500,000 or more, funds will typically waive any front end sales charges on these… …
24bonus shares — It is the issue of new fully paid up shares to existing shareholders on a pro rata basis. The impact of a bonus issue is to reduce the share price as the same market capitalisation of the company is spread over a larger number of shares, which in …
25private sale — ➔ sale * * * private sale UK US noun [C or U] ► FINANCE a situation in which shares, bonds, etc. are sold to only a small group of investors, rather than on an open market: a private sale of sth »The company raised nearly $6 million through a… …
26primary shares — UK US noun [plural] ► FINANCE, STOCK MARKET a company s shares when they are made available for sale, rather than when they are traded later: »The company will sell 2.8 million primary shares and use the proceeds for general purposes, including… …
27Primary shares — In an equity offering, primary shares, in contrast to secondary shares, refer to newly issued shares of common stock that are sold to investors. The cash generated from the sale of the primary shares, net of the gross spread, are transferred to… …
28last sale — The most recent trade performed in a security. Bloomberg Financial Dictionary * * * last sale last sale ➔ sale * * * last sale UK US noun [C] ► STOCK MARKET the most recent trade of a company’s shares on a particular day, used especially in… …
29Short sale — Selling a security that the seller does not own but is committed to repurchasing eventually. It is used to capitalize on an expected decline in the security s price. The New York Times Financial Glossary * * * short sale short sale ➔ sale * * *… …
30wash sale — ☆ wash sale n. the pretended trading of stock, accomplished by buying shares at one broker and simultaneously selling an equal number of shares at another broker, in order to make trade in that stock appear active: an illegal practice …
