What does Bought Deal mean?

Bought Deal meaning in Finance Dictionary

the acquisition of brand new shares by an underwriter whom afterwards tries to resell into the market for a revenue.

Bought Deal meaning in Law Dictionary

NEW problem of DEBT or EQUITY securities where in fact the CONTRIBUTE MANAGEMENT and participating UNDERWRITERS commit to purchasing the entire block and then dispersing through unique buyer basics. The issuer is guaranteed in full a set level of funds, regardless of UNDERWRITERS

Bought Deal meaning in Business Dictionary

In securities underwriting, arrangement where (in comparison to ideal attempts) the whole relationship or stock problem is paid for (or a firm dedication is given) by a syndicate of investment bankers to guarantee the purchase of entire issue in shortest possible time. Many new problems are underwritten on bought-deal foundation.