Lead Underwriter definition explanation

What is Lead Underwriter?
A investment bank or other financial outfit that has the primary directive for organizing an initial public stock offering, or a secondary offering for companies that are already publicly traded. The lead underwriter will usually work with other investment banks to establish a syndicate, and thereby create the initial sales force for the shares. These shares will then be sold to institutional and retail clients.

The lead underwriter will assess the company financials and current market conditions to arrive at the initial value and quantity of shares to be sold. These shares carry a hefty sales commission (as much as 6-8%) for the underwriting syndicate, with the majority of shares being held by the lead underwriter. Read more for examples and further explanation including related video clips and also comments
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Basic Materials Sector definition explanation

What is Basic Materials Sector?
A category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. The basic materials sector includes the mining and refining of metals, chemical producers and forestry products. Read more for examples and further explanation including related video clips and also comments
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Layered Fees definition explanation

What is Layered Fees?
Two sets of management fees that are paid by an investor for the same group of assets. This practice is found in many types of investment vehicles such as wrap funds, variable annuities, registered investment advisor client accounts and even mutual funds. Read more for examples and further explanation including related video clips and also comments
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BOB (Bolivian Boliviano) definition explanation

What is BOB (Bolivian Boliviano)?
The currency abbreviation or currency symbol for the Bolivian boliviano (BOB), the currency of Bolivia. The Bolivian boliviano is made up of 100 centavos. Although the currency has changed many times, the name has been used to represent the Bolivian currency unit since 1864. Read more for examples and further explanation including related video clips and also comments
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Factors Of Production definition explanation

What is Factors Of Production?
An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship. Read more for examples and further explanation including related video clips and also comments
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Gold Standard definition explanation

What is Gold Standard?
A monetary system in which a country’s government allows its currency unit to be freely converted into fixed amounts of gold and vice versa. The exchange rate under the gold standard monetary system is determined by the economic difference for an ounce of gold between two currencies. The gold standard was mainly used from 1875 to 1914 and also during the interwar years. Read more for examples and further explanation including related video clips and also comments
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Bonus definition explanation

What is Bonus?
1. Additional compensation given to an employee above his/her normal wage. A bonus can be used as a reward for achieving specific goals set by the company, or for dedication to the company.

2. Dividends paid to shareholders from funds created out of additional profits realized by the company.

3. A premium paid for accepting an agreement. Sometimes referred to as a “”signing bonus””.

4. Anything over and above what is expected. Read more for examples and further explanation including related video clips and also comments
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