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pre-syndicate bid
pre-syn·di·cate bid (plural pre-syn·di·cate bids)


noun 
Definition:
 
bid entered before a secondary offering: a bid entered before the effective date of a secondary offering of securities, made in order to stabilize the price during distribution
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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