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Pro Rata

Pro rata is Latin for proportionate allocation; in insurance, pro rata involves the process of determining the amount of premium...

Secondary Offering

The offer to sell to the public a large amount of stock obtained from other than a public offering (such...

Allocation

The number of shares that the underwriter in an initial public offer (IPO) decides to offer to the public in...

Take-Up Instruction

A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

Take-Up

A procedure in derivatives trading (part of allocation process) whereby a broker sends an instruction a custodian to take up...

Give-Up Instruction

A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...

Give-Up

A procedure in derivatives trading whereby a broker instructs the custodian to allocate a derivative trade to another account than...

Credit Allocation

The financing (credit) which a bank or financial institution (FI) provides for particular sectors of the economy, such as small...