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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Fully Bought Deal/Bought Deal

Definition:

When an investment bank takes a company public, they commit firm to buy all the shares of that IPO (a nanosecond later, they turn around and flip them to cardiologists in the mid-west who all want to buy 100 shares of whatever.com is hot.)