| 单词 | greenshoe option |
| 释义 | greenshoe option greenshoe option // (also green shoe) (also overallotment option) noun [C, usually sing.]
(Finance ) an agreement when a company issues new shares in which an underwriter (= the company that arranges the sale of the shares) can buy additional shares to sell to the public if the demand is high: The financial institution has exercised its greenshoe option. NOTE The name comes from the first company that offered additional shares in this way-the Green Shoe Manufacturing Co. |
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