Best Efforts Offering

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Definition: Best Efforts Offering

Best Efforts Offering
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Full Definition of Best Efforts Offering

An underwriting in which an investment bank, acting as an agent, agrees to do its best to sell the offering to the public, but does not buy the securities outright and does not guarantee that the issuing company will receive any set amount of money. Less common than a firm commitment offering.

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https://payrollheaven.com/define/best-efforts-offering/
Modern Language Association (MLA):
Best Efforts Offering. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/best-efforts-offering/.
Chicago Manual of Style (CMS):
Best Efforts Offering. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/best-efforts-offering/ (accessed: April 19, 2024).
American Psychological Association (APA):
Best Efforts Offering. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/best-efforts-offering/

Definition Sources

Definitions for Best Efforts Offering are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.