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Accounting
Banking

Proceeds

The dollar amount that is raised during an initial public offering (IPO) process. An issuer will be keen to maximize…

Underwriter Discount

The underwriter's profit or compensation in an initial public offering (IPO). It is equal to the difference between the offering...

Production

The differential between the price paid to the issuer of a security (stock, bond, etc.) and the price at which...

Gross Underwriting Spread

The differential between the price paid to the issuer of a security (stock, bond, etc.) and the price at which...

Underwriter Discount

The fee that an underwriter earns from underwriting a security (e.g., equity offering). The underwriter discount is the difference between...

Gross Spread

The fee that an underwriter earns from underwriting a security (e.g., equity offering). The gross spread is the difference between...

Par Spread

A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...

Gross Spread

In relation to credit spreads (in credit spread swaps, credit spread options, etc.), it is the difference between the credit...

Asset Swap Spread

A spread that is usually paid (when necessary) by the seller of an asset swap, in addition to a floating...