Over 700 finance terms, Shmooped to perfection.
When the underwriters involved in an IPO make a firm commitment, they're saying that they are responsible for any unsold shares.
They can't just say "Oops, we missed a few." Well, they can, but it's illegal.
danielnieh 6 minutes ago
Hello daniel. i am daniel. i would like to eat some cake because I'm hungry.
This is another message I am typing.
Me just now
this is my message bubble. i like to ride motorcycles because i eat chocolate.