| 单词 | issue price |
| 释义 | issue price The price at which a new issue of shares is sold to the public. Once the issue has been made the securities will have a market price, which may be above (at a premium on) or below (at a discount on) the issue price (see also stag). In an introduction, offer for sale, or public issue, the issue price is fixed by the company on the advice of its stockbrokers and bankers; in an issue by tender the issue price is fixed by the highest bidder; in a placing the issue price is negotiated by the issuing house or broker involved. |
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