AGREEMENT AMONG UNDERWRITERS


Meaning of AGREEMENT AMONG UNDERWRITERS in English

A contract amoung participating members of a syndicate that defines the members' proportionate liability , which is usually limited to and based on the participants' level of involvement. The contract outlines the payment schedule on the settlement date . Compare: Underwriting agreement .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.