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LSDefine

Simple English definitions for legal terms

gross spread

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A quick definition of gross spread:

Gross spread is a term used in finance and investment banking. It refers to the difference between the price that an underwriter pays to the issuer of a security and the price paid by the public in the initial offering. This spread compensates the underwriter for their services and is made up of the manager's fee, the underwriter's discount, and the selling-group concession or discount. In simpler terms, gross spread is the profit that an underwriter makes from selling securities to the public.

A more thorough explanation:

Gross spread is a term used in finance and investment banking. It refers to the difference between the price paid by the underwriter to the issuer of a security and the price paid by the public in the initial offering. This spread compensates the underwriter for its services and includes the manager's fee, the underwriter's discount, and the selling-group concession or discount.

  • An investment bank agrees to underwrite an initial public offering (IPO) for a company. The bank pays the company $10 per share and sells the shares to the public for $12 per share. The gross spread in this case is $2 per share ($12 - $10).
  • A bond issuer sells $1 million worth of bonds to an underwriter at a discount price of $950,000. The underwriter then sells the bonds to investors for $1 million. The gross spread in this case is $50,000 ($1 million - $950,000).

These examples illustrate how the gross spread is calculated and how it compensates the underwriter for its services in bringing the security to market.

gross sales | gross up

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18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
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