Lead Underwriter Definition

Lead Underwriter Definition

What Is a Lead Underwriter? The term lead underwriter refers to an investment bank or another financial organization that has the primary directive for organizing an initial public stock offering (IPO) or a secondary offering for public companies. A lead underwriter usually works with other investment banks to establish an underwriter syndicate and is responsible for

League Table Definition

League Table Definition

What Is a League Table? A league table is a ranking of companies based on a set of criteria, such as revenue, earnings, deals, or any other relevant metrics. The rankings are organized into lists, which can be used for investment research purposes or as promotional material for the companies on the list. Key Takeaways

Lame Duck Definition

Lame Duck Definition

What is a Lame Duck? Lame duck is an out-of-use British term used with reference to a trader who had defaulted on their obligations or gone bankrupt due to an inability to cover trading losses. Key Takeaways Lame duck was a British term used to describe members of the London Stock Exchange who were unable

Land Contract Definition

Land Contract Definition

What Is a Land Contract? A land contract is an agreement between a buyer and seller pertaining to a specific tract of land. Developers advertise and sell tracts of land similar to the process of selling a real estate property. Land contracts can be broad in scope and may include both the land and real

Land Flip

Land Flip

What Is a Land Flip? A land flip is a fraudulent real estate practice where buyers and sellers collude to exchange a piece of undeveloped land between each other to inflate the property’s price beyond the market value. While often associated with schemes, many times land flipping, like house flipping, involves legitimate investment in undesirable