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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Takedown  

Definition 1.

The share of securities of each participating investment banker in a new or a secondary offering, or the price at which the securities are distributed to the different members of an underwriting group.
 

Definition 2.

1. The price at which underwriters obtain securities to be offered to the public.2. The portion of securities that each investment banker will distribute in a secondary or initial pubic offering.
 
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