What does book building mean?

book building meaning in Law Dictionary

Getting new investors to get a security issue. The greater the interest the greater demand on an issue hence changes the price of it.

book building meaning in Business Dictionary

The act of obtaining prospective people for the intended purpose of purchasing a brand new security problem. The extent of the indication of great interest can have an impact regarding the price of the brand new issue given that it helps get a sense of exactly how much demand there is certainly because of this brand-new safety.