Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

best-efforts underwriting

Underwriting in which an investment banker agrees to direct, but not guarantee, the public sale of the issuer's securities. ( The underwriter, or selling group, sells the securities as agent for the issuer, and any unsold securities are never issued.

best-efforts underwriting.

See UNDERWRITING,