Business / Finance / Best-Efforts Sale: A method of securities distribution/underwriting in which the securities firm agrees to sell as much of the offering as possible and return any unsold shares to the issuer. As opposed to a guaranteed or fixed-price sale, in which the underwriter agrees to sell a specific number of shares (and holds any unsold shares in its own account if necessary).
Sale Noun Synonyms: selling, traffic, vending, marketing, trafficking, trading, trade, exchange, transaction
Business / Finance / Purchase And Sale: A method of securities distribution in which a firm purchases securities from the issuer for its own account at a stated price and then resells them, as contrasted with a best-efforts sale. MORE
Business / Accounting / Sales: Income received from selling goods or a service. See Revenue . MORE