selling concession

noun

: the amount of money paid to an underwriter by an issuer for selling shares of stock in an initial public offering

Word History

First Known Use

1947, in the meaning defined above

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now