Английская Википедия:Devolvement

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Шаблон:Short description Шаблон:About In the investment banking sector, particularly in India, devolvement is a process whereby if an investment issue is undersubscribed, an underwriter is required to subscribe to the remaining shares. The outstanding unsubscribed amount devolves onto the underwriter.Шаблон:Sfn This is also known as hard underwriting.Шаблон:Sfn The Securities and Exchange Board of India publishes guidelines and a recommended method of computation relating to the extent of the devolvement onto a particular underwriter in the case where there are multiple underwriters, or sub-underwriters.Шаблон:Sfn

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Further reading


Шаблон:Finance-stub