Platzierungszusage
German
Etymology
Platzierung (“placement”) + -s- + Zusage (“promise/commitment”)
Pronunciation
- IPA(key): [plaˈt͡siːʁʊŋst͡suːˌzaːɡə]
- Hyphenation: Plat‧zie‧rungs‧zu‧sa‧ge
Noun
Platzierungszusage f (genitive Platzierungszusage, plural Platzierungszusagen)
- (finance) placement commitment (a promise by a bank or syndicate to place a certain amount of securities in the market, often on a best-efforts basis)
- Im Gegensatz zur Festübernahme garantiert eine bloße Platzierungszusage dem Emittenten keinen festen Kapitalzufluss.
- In contrast to firm commitment underwriting, a mere placement commitment does not guarantee a fixed inflow of capital to the issuer.
Declension
Declension of Platzierungszusage [feminine]
Synonyms
- Absatzzusage (best efforts underwriting commitment)
- Best-Efforts-Zusage (anglicism for best efforts commitment)
Antonyms
- Festübernahme (guaranteed purchase of the entire issue by the bank)
Hypernyms
- Emissionsgeschäft (the business of issuing securities)
- Zusage (promise or commitment)
Coordinate terms
- Basiswert (the underlying security being placed)
- Emittent (the entity for whom the placement is organized)
- Platzierungsrisiko (the risk of not finding enough investors for the issue)
- Platzierungsvolumen (the total amount of securities to be placed)
Related terms
- platzieren (to place/sell securities in the market)
- Platzierungspreis (the price at which securities are offered to investors)
References
- “Platzierungszusage” in Digitales Wörterbuch der deutschen Sprache
- “Platzierungszusage” in Duden online