Investing Glossary Severally But not jointly underwriting buy new issue liability

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2006 Returns

173%	5%
Uncovered Options	QQQQ Buy & Hold

as of 3/11/2010

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Investing Glossary: Severally but not jointly

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N | O | P | R | S | T

- S -

Term:

Severally but not jointly

Definition:

An agreement between members of an Underwriting group Buy a new Issue (severally), but not to assume joint Liability for Shares left unsold by other members.

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Nasdaq in a month?
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