Underwriting is an arrangement under which an investment dealer agrees to purchase all the shares of a public offering at an agreed-upon price.

Name: Underwriting is an arrangement under which an investment dealer agrees to purchase all the shares of a public offering at an agreed-upon price.
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Underwriting is the process of guaranteeing to the issuing company that all shares of a public offering will be purchased, either by the underwriter or syndicate of underwriters, at an agreed-upon price.

Underwriting Is an Arrangement Under Which an Investment Dealer Agrees