An__________ is a professional in the securities market that agrees to facilitate the sale of stock to the public for a fee.

Question

Quizplus · Accepted Answer

An underwriter is a professional or entity that assesses and assumes the risk of another party, often in financial transactions. In the context of the securities market, underwriters facilitate the sale of stock to the public, often by purchasing the securities from the issuer and selling them to investors, thereby assuming the risk of selling the securities at a profit. This process is crucial for companies looking to go public or raise capital through stock offerings.

An__________ Is a Professional in the Securities Market That Agrees