单词	sub-underwrite
释义	sub-underwrite /sʌbʌndəˈrʌɪt / /sʌbˈʌndərʌɪt/ verb [with object] Finance Underwrite (part of a liability underwritten by another): they are planning to tax pension funds' profits from sub-underwriting stock market flotations... An underwriting bank can enter sub-underwriting agreements with others, under which the latter agree to underwrite a certain amount of the securities. In the seven years to 1994 the highest figure for sub-underwriting income, as a percentage of total investment income, was about 0.34 per cent. Last month, The Sunday Business Post revealed details of the collapse of the sub-underwriting phase of the Valentia loan transaction, in which AIB was one of the lead underwriters. Derivatives sub-underwriter noun ... Private speculative flows, hitherto supportive of the greenback on the perception that the official sector in effect acted as ‘dollar sub-underwriter of last resort’, would likely cut and run as well. Japan has in effect acted as America's leading sub-underwriter. In most cases the rights issue or initial public offering was fully subscribed and the primary underwriters and the sub-underwriters received their commission without any further obligation.
随便看	ingressive in-ground in-group penal servitude penalty penalty area penalty bench penalty box penalty card penalty-carrier penalty clause penalty day penalty double penalty envelope penalty goal penalty kick penalty kill penalty killer penalty killing penalty line penalty pass penalty point penalty rate penalty shoot-out penalty shot

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