Question

Definite commitment by the underwriters to take specified number of
shares is known as​

Answer 1

Answer:

Firm Underwriting

It refers to a definite commitment by the underwriter or underwriters to take up a specified number of shares or debentures of a company irrespective of the number of shares or debentures subscribed for by the public.

Explanation:

hope you appreciate this ans

Answer 2

Definite commitment by the underwriters to take specified number of

shares is known as​?

The correct answer is :

— Firm underwriting

Definite commitment by the underwriters to take specified number of

shares is known as​ 'Firm underwriting'.

Explanation :

Definite commitment by the underwriters to take specified number of

shares is known as​ 'Firm underwriting'.

Underwriting refers to a certain commitment made by the underwriter to take a specified number of shares or debentures of a company irrespective of the specified number of shares or debentures subscribed by the public.

In underwriting, the underwriters commit to take an agreed number of shares or debentures in addition to the unsubscribed shares or debentures, even if their issue is oversubscribed. Underwriters commit to taking the number of shares.

#SPJ3