Breaking The Syndicate

Breaking The Syndicate

DEFINITION of Breaking The Syndicate The term “breaking the syndicate” or “breaking syndicate” refers to the dissolution of a group of investment bankers that created a syndicate to underwrite — or price, market and sell — the issue of a particular security. Prior to termination of the agreement, the underwriters must sell the securities at

Breakpoint Definition

Breakpoint Definition

What Is a Breakpoint? A breakpoint is the dollar amount for the purchase of a load mutual fund’s shares that qualifies the investor for a reduced sales charge. Breakpoints offer investors a discount for making larger investments. The purchase may either be made in a lump sum or by staggering payments within a specified period of

Breakpoint Sale

Breakpoint Sale

What Is a Breakpoint Sale? A breakpoint sale is the sale of a mutual fund at a set dollar amount that allows the fundholder to move into a lower sales charge bracket. If an investor is unable to provide the funds needed to qualify for the lower fee at the time of investment, they can

Breakup Fee Definition

Breakup Fee Definition

What Is a Breakup Fee? A breakup fee is used in takeover agreements as leverage on the seller against backing out of the deal to sell to the purchaser. A breakup fee, or termination fee, is required to compensate the prospective purchaser for the time and resources used to facilitate the deal. Breakup fees are normally 1% to 3% of

Breakup Value Definition

Breakup Value Definition

What Is Breakup Value? The breakup value of a corporation is the worth of each of its main business segments if they were spun off from the parent company. It is also called the sum-of-parts value. Key Takeaways Breakup value is an analysis of the worth of each of a large corporation’s distinct lines of