Initiate Coverage

Business / Finance / Initiate Coverage: A company's first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for their stock. Investors purchasing stock in IPOs generally must be prepared to accept considerable risks for the possibility of large gains. IPOs by investment companies (closed-end funds) usually include underwriting fees that represent a load to buyers.

Other Words for Initiate

Initiate Verb Synonyms: begin, commence, enter upon or on, originate, introduce, set in motion, start, give rise to, get under way, launch, get or set going, trigger, set off, actuate, activate, instigate, institute, inaugurate
Initiate Noun Synonyms: admit, accept, introduce
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Individual Stop-Loss Coverage

Health / Health Insurance / Individual Stop-Loss Coverage: A type of stop-loss insurance that provides benefits for claims on an individual that exceed a stated amount in a given period. Also known as specific stop-loss coverage. MORE

Initiate Coverage

Business / Finance / Initiate Coverage: A company's first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for their stoc MORE

Interest Coverage Ratio

Business / Finance / Interest Coverage Ratio: The interest rate, such as prime or LIBOR, that is used as a reference point for quoting borrowing rates. For example, using the prime rate as the interest basis, a loan might be offered at prime plus MORE

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