| || InvestHub.com's |
Finance Dictionary and Glossary of Investment Terms
A provision in an underwriting agreement which allows members of the underwriting syndicate to purchase additional shares at the original. This is a useful provision for underwriters in the event of exceptional public demand. The name comes from the fact that Green Shoe Company was the first to grant such an option to underwriters. also called overallotment provision.
A provision in an underwriting agreement that if there is an exceptional public demand, an issuer will authorize additional shares for distribution by the syndicate. (See issuer, syndicate, underwriter) H held A situation where a security is temporarily not available for trading. Market Makers are not allowed to display quotes of held securities.