An underwriting agreement in which the investment bank commits to making a best effort to sell Initial Public Offering (IPO) shares. Best effort agreements typically contain a provision that gives the underwriter the right to cancel the IPO if their best effort falls short of expectations. Compare to Bought Deal.
Related information about best effort:
- Best-effort delivery - Wikipedia, the free encyclopedia
Best-effort delivery describes a network service in which the network does not provide any guarantees that data is delivered or that a user is given a guaranteed ...
- Best Efforts Definition | Investopedia
An agreement in which an underwriter promises to make a full-fledged attempt to sell as much of an initial public offering as possible to the public. Best effort ...
- Urban Dictionary: best effort
what losers say they did when they "gave it their all." only in the lexicon on losers.
- Best effort Synonyms, Best effort Antonyms | Thesaurus.com
Synonyms for best effort at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
- Advertising Specialties and Promotions
Welcome to Best Effort Company! For Best Effort Co. Advertising Specialties and Promotions website go here. From this page you can access the following items ...
- BEST EFFORT (Windows)
The BEST EFFORT service type instructs the RSVP SP to use the application's QOS parameters as guidelines for service quality requests, and make reasonable ...
- Best effort
The items and coverage of this agreement are governed by the availability of Innersync resources, and Innersync's definition of best effort. Any item, service, or ...
- Best-Effort Data Integration - University of Wisconsin-Madison
This position statement makes the case that, since “exact” data integration is AI complete, we should seriously consider “best-effort” data integration. I will start by ...