FLOTATION COST
\flə͡ʊtˈe͡ɪʃən kˈɒst], \fləʊtˈeɪʃən kˈɒst], \f_l_əʊ_t_ˈeɪ_ʃ_ə_n k_ˈɒ_s_t]\
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The expense a company bears in issuing new securities, typically computed as the difference between the price received by the company on an issue and the amount charged to investors (the UNDERWRITING SPREAD) plus out of pocket expenses. See also ALLIN COST.
By Henry Campbell Black
Nearby Words
- flota
- flotage
- flotages
- flotant
- flotation
- FLOTATION COST
- flotation costs
- flotation device
- flotation process
- flote
- flotery