Investment banking – n : the process of linking
organizations to investors through securities offerings. Investment banks
underwrite securities offerings, such as bonds, preferred stock, or common
stock offerings, and sell the securities to other financial institutions, such
as mutual funds or brokerage houses that make a market in the securities.
Investment banks also offer advisory services, such as mergers and acquisitions
(M&A) advisory services, or other corporate finance advisory services. (See
also underwriter.)
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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