Legal Definition of Investment Banker
Meaning of Investment Banker
Also known as an underwriter. The middleman between the corporation issuing new securities and the public. The usual practice is for one or more investment bankers to buy outright from a corporation a new issue of stocks or bonds. The group forms a syndicate to sell the securities to individuals and institutions. Investment bankers also distribute very large blocks of stocks or bonds – perhaps held by an estate. (See: Primary distribution, Syndicate)
Related Entries of Investment Banker in the Encyclopedia of Law Project
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Investment Banker in Historical Law
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Legal Abbreviations and Acronyms
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What is Investment Banker?
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Investment Banker Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Investment Banker in a way that is easy for anybody to understand: Firm, acting as underwriter or agent, that serves as intermediary between an issuer of SECURITIES and the investing public.
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