See Also: Firm Commitment Underwriting(money)
Firm commitment underwriting(finance)
Underwriting fee(money)
Underwriting fee(finance)
All-or-none underwriting(money)
All or none underwriting(finance)
Underwriting(money)
Underwriting(finance)
Commitment(money)
commitment(dictionary)

armpit (oh) and Firm commitment underwriting (finance)


armpit (oh)



the hollow place under your arm where it joins your body
the armpit of sth
AmE informal the ugliest or worst place in a particular city or area
::Dale says Butte is the armpit of Montana.

Firm commitment underwriting (finance)


An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares.