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Comparable Multiple

A study of similar publicly traded companies that is conducted by an investment bank for the purpose of specifying the...

Subordination

An agreement by one creditor (the subordinated or junior creditor) to be paid by a borrower or issuer only after...

Super Hands-On Active Trader

A professional trader who relies on exchange-traded funds (ETFs) to hedge a position or to gain exposure on an intraday...

Structural Subordination

A subordination of mezzanine capital that is defined by the borrower group's corporate structure. For example, this type of subordination...

Semi-Captive Private Equity Fund

A private equity fund which is a middle ground between a captive private equity fund and an independent private equity...

Co-Manager

A secondary underwriter that is involved, along with other underwriters, in an initial public offering (IPO). An issuer may hire...

Second Round

The intermediate stage of venture capital financing that follows the seed funding and first round stages and precedes the mezzanine...

Sticky Deal

An initial public offering (IPO) issue/ deal that the underwriter cannot sell easily. IPO deals become sticky when the issuer...

SEO

An abbreviation for seasoned equity offering or secondary equity offering; an equity issue by a firm that already has common...

Green Shoe

A provision in an initial public offering (IPO) underwriting agreement which entitles the underwriters to purchase more shares than specified...