standby fee

Standby fee

Amount paid to an underwriter who agrees to purchase any stock that is not purchased by public investors in a rights offering.

Standby Fee

A fee paid to an underwriter in exchange for an agreement that the underwriter will purchase the remainder of a new issue that it does not place with investors. See also: Jointly and Severally.

standby fee

The fee paid to an underwriter that agrees to purchase unsold securities as part of a standby underwriting agreement.

standby fee

A fee charged for a standby commitment.