The percentage markup on the cost price of goods at the gross selling price (the difference between invoice cost and selling price), also called the trade margin. – The percentage of gross profit, calculated as revenue from business activities without deducting selling costs, such as transaction costs for securities, from net sales. – The payment made by an issuer to an underwriter who underwrites the entire issue and thus the placement risk. – See arranger, issue premium, issuance, bookbuilding, club deal, deal, contribution margin, underwriting, underwriting house, underwriting yield, initial purchaser, guarantee syndicate, investment banking, intercreditor agreement, concert underwriter, market cultivation, meta-link, roadshow.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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