bookbuild
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
Law noun
The process of gathering and recording investor bids to set the price and allocation of a securities offering.
The accelerated bookbuild closed within hours, leaving little time for smaller funds to participate.
Business noun
The process of soliciting investor bids to set the price and allocation of a new issue.
The bookbuild closed several times oversubscribed, so pricing came at the top of the range.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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