Glossary entry (derived from question below)
English term or phrase:
All-or-none underwriting
Croatian translation:
klauzula uspješnosti izdanja
English term
all-or-none underwriting
All or none underwriting allows the issuing corporation to contract for the sale of all shares. If any shares remain at the end of the underwriting process, the underwriting is cancelled. Underwriters cannot deceive investors by stating that all of the securities in the underwriting have been sold if it is not true. (Investopedia)
The Board is of the view that an initial "when, as and if issued" confirmation of a transaction in a security which is the subject of an "all or none" underwriting may be sent out prior to the time a formal bond purchase agreement is executed. ( Municipal Securities Rulemaking Board)
There is one last variation. That is called an 'All Or None Underwriting'. Under this type of underwriting the underwriter agrees to do his best to sell the entire issue by a certain date. All of the proceeds go into an escrow account. If the securities are not all sold by the certain date, the money is returned to the purchasers and the issue is canceled. (Initial Public Stock Offering)
| 4 +2 | klauzula uspješnosti izdanja |
Kolumbina Benčević Tomljanović
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| 4 | Upis emisije, uz uvjet da je cijela, ... |
Yvana
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Apr 15, 2011 16:39: changed "Kudoz queue" from "In queue" to "Public"
Apr 15, 2011 16:56: changed "Stage" from "Preparation" to "Submission"
Apr 18, 2011 17:56: changed "Stage" from "Submission" to "Selection"
Apr 21, 2011 04:54: changed "Stage" from "Selection" to "Completion"
Proposed translations
Croatia
Kolumbina Benčević Tomljanović
experienced sworn translator of English
Native in: Croatian (Variants: standard, Bosnian)
Works in: Croatian to English, English to Croatian, Italian to Croatian
klauzula uspješnosti izdanja
Napominje da ne postoji paralelizam između hrvatske i anglo-saksonske prakse, koja time i pokrovitelju izdanja (engl. underwriter) omogućuje da ne mora kupiti ostatak neupisanih vrijednosnih papira ako upis ne uspije u cijelosti.
...uspješnost izdanja kao pojam postojao je bivšem Zakonu o tržištu vrijednosnih papira (NN 84/02), ali "prag uspješnosti izdanja" spominje se i dalje u sadržaju prospekata ili informacijskih memoranduma nekih privatnih izdavatelja - (Prospekt Odašiljači i veze d.o.o.)
Upis emisije, uz uvjet da je cijela, ...
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