assunzione a fermo

English translation: underwriting commitment

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:assunzione a fermo
English translation:underwriting commitment
Entered by: Peter Cox

18:01 Aug 22, 2012
Italian to English translations [PRO]
Bus/Financial - Investment / Securities
Italian term or phrase: assunzione a fermo
In an agreement between a bank and its client in a section regarding the services provided. The lading sentence is:
The Client engages the Bank to provide one or more of the following investment services:

d. sottoscrizione e/o collocamento con assunzione a fermo ovvero con assunzione di garanzia nei confronti dell’emittente di cui all’art. 1, comma 5, lett. c)del TUF;
NickolaSaiz
Local time: 12:14
underwriting commitment
Explanation:
There is a similar question in the glossary presented as "a fermo"
Selected response from:

Peter Cox
Italy
Local time: 13:14
Grading comment
2 KudoZ points were awarded for this answer



Summary of answers provided
4 +1underwriting commitment
Peter Cox


  

Answers


8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
underwriting commitment


Explanation:
There is a similar question in the glossary presented as "a fermo"

Peter Cox
Italy
Local time: 13:14
Native speaker of: English
PRO pts in category: 6

Peer comments on this answer (and responses from the answerer)
agree  James (Jim) Davis
6 hrs
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