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Absatzzusage

Pronunciation: [ˈapzat͡sˌt͡suːzaːɡə]

“Absatzzusage” is a German word. Its meaning in English:

noun

  1. best efforts underwriting (an agreement where an underwriter promises to make a best effort to sell as much of a securities issue as possible, but does not guarantee the sale or buy the remaining shares)

Etymology

Absatz (“sales/turnover”) + Zusage (“promise/commitment”)

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Definitions are from Wiktionary, extracted by Kaikki.org, and are available under the CC BY-SA 4.0 licence.