BF - Market share: The proportion of industry sales of a...

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Market share: The proportion of industry sales of a good or service that is controlled by a company. Underwriting: refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage or credit). Financial bankers, who would accept some of the risk on a given venture in exchange for a premium , would literally write their names under the risk information which was written on a Lloyd's slip created for this purpose. Security underwriting : Securities underwriting is the way business customers are assessed by investment houses for access to either equity or debt capital . This is a way of placing a newly issued security, such as stocks or bonds, with investors. A syndicate of banks (the lead-managers ) underwrite the transaction, which means they have taken on the risk of distributing the securities. Should they not be able to find enough investors, they will have to hold some securities themselves. Underwriters make their income from the price difference (the " underwriting spread ") between the price they pay the issuer and what they collect from investors or from broker-dealers who buy portions of the offering. When a dealer bank purchases Treasury securities in a quarterly Treasury bond auction, it acts as underwriter and distributor. Treasury securities purchased by a primary dealer are held in a dealer bank's trading account assets portfolio, and they are often resold to other banks and to private investors. Syndicate : In finance, a group of banks lending, for a specific purpose and to one single borrower, a - mostly large - amount of money is referred to as a bank syndicate or often only as a syndicate . Fringe banks:
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BF - Market share: The proportion of industry sales of a...

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