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Term: Accounting -> Bookbuild
Term:

Bookbuild

Definition:

Bookbuild is a particular way of conducting a float where the price at which shares are sold is not fixed, but rather is determined following a process in which interested investors bid for shares. This is quite a common way of determining the price paid for shares by institutional investors (Funds Managers).

Related terms:

Bank service charge

Attestation (Assurance) Services

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