单词 | book-build |
释义 | > as lemmasbook-build book-build n. Stock Market an act of compiling in advance a register of demand for a new stock issue; an instance of book-building (book-building n. 2); frequently attributive. ΚΠ 1993 Euromoney May 9/2 The Spanish participants in the deal are commended for the way in which they handled the transition..to a transparent book build, overnight underwriting, at the market price approach. 1998 Financial Times 3 Mar. 30/7 The sale price for its Caltex holding would be determined by an institutional book-build process, although the upper price for retail investors would be A$4.40. 2000 Business Rev. Weekly 7 July 74/1 Another advantage of bookbuilds is that the issue price is set just before the listing, rather than several months before. 2010 J. Clunie Predatory Trading & Crowded Exits v. 146 As the share price fell during the book-build period, the sellers and short-sellers could have covered their positions in the market at the new lower market price. < as lemmas |
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