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Finance Dictionary and Glossary of Investment Terms
gross spread
Definition 1.
The difference between the price of a security paid by the underwriter and the offering price charged to the public. This is the compensation that the underwriters receive.
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Definition 2.
The difference between the underwriting price received by the issuing company and the actual offering price to the public.
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Definition 3.
The fraction of the gross proceeds of an underwritten securities offering that is paid as compensation to the underwriters of the offering.
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