When the underwriter buys stock from the issuer and sells it to the public it is referred to as a

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The term "firm commitment underwriting" refers to the process where the underwriter agrees to purchase all of the securities being offered by the issuer and then resells them to the public. This is different from a "best efforts underwriting," where the underwriter only agrees to use its best efforts to sell the securities and does not guarantee that all of them will be sold. "Secondary underwriting" and "public underwriting" are not commonly used terms in the context of underwriting.

When the Underwriter Buys Stock from the Issuer and Sells