Tag: offering
Variable Universal Life Insurance (VUL)
What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers...
Vendor Financing
Definition
Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...
General Public Distribution
What is 'General Public Distribution' A type of primary market offering in which the securities being issued are available to anyone who...
Takedown
What is 'Takedown' 1. The price at which underwriters obtain securities to be offered to the public. Explaining 'Takedown' ...
Takaful
DefinitionTakaful is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia compliant alternative to conventional insurance,...
Dealer Incentive
What is 'Dealer Incentive' A corporate sales strategy in which the price a dealer has to pay a manufacturer for a particular...
Underpricing
When a company offers its stock to the public for the first time, it's called an initial public offering, or IPO. IPOs can be...
Undersubscribed
What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...
Ultima
What is 'Ultima' The rate at which the vomma of an option will react to volatility in the underlying market. It is...
National Registration Database (NRD)
What is 'National Registration Database - NRD' A Canadian database, launched in 2003 to replace the old paper form system, that allows...