16:55 Apr 15, 2011 |
English to Urdu translations [PRO] Bus/Financial - Law: Contract(s) Additional field(s): Finance (general) | ||||
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| Glossary-building KudoZ This question was created by: This question will remain open until an answer receives the required level of agreement from peers. Submission is still possible. |
Summary of translations provided | ||||
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5 | This clause is related to investment banking and gives securities issuer a right to cancel an issue. |
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Discussion entries: 2 | |
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This clause is related to investment banking and gives securities issuer a right to cancel an issue. Definition from own experience or research: "An all-or-none underwriting or AON is a term most notably used in financial transactions in investment banking or securities transactions." Example sentence(s):
Explanation: This perticular clause grants securities issuer the right to cancel an issue in its entirety if the underwriting is not fully subscribed. |
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