Financial Dictionary

This dictionary contains:
24549
financial terms

Pot is clean




Pot is clean

Phrase used when managing underwriter has sold the entire pot.

RELATED TERMS
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Underwriter
1) A company that brings a new issue to the market will have to fix the offer price in advance. 2) An agent for a syndicate at Lloyd's who literally writes his name at the foot of a policy to signify acceptance of all or an indicated part of that risk.

Pot
The portion of stock or bond issue that is returned to the managing underwriter by the participating investment bankers for sale to institutional investors.



SIMILAR TERMS
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PREVIOUS AND NEXT TERMS
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Post trade benchmarks
Prices after the decision to trade.

Posting
Entering items in account books or ledgers, from temporary records such as journals.

Postponement option
The option of deferring a project without eliminating the possibility of undertaking it.

Postponing income
Purposely delaying receipt of income to a later year in order to reduce current tax liability.

Pot
The portion of stock or bond issue that is returned to the managing underwriter by the participating investment bankers for sale to institutional investors.

Pot is clean

Potential default
A condition where a default may occur in time.

Power of attorney
A written authorization allowing a person to perform certain acts on behalf of another, such as moving of assets between accounts or trading for a person's benefit.

Praecipium
The amount of the front-end fee not distributed to the joining members of a syndication.

Pre carriage
Usually freight charges for port or airport delivery arising before the principal international carriage.

Pre market
Trading done before the regular market opens.

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This dictionary contains 24549 terms.







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