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Q: Loan question! ( No Answer,   0 Comments )
Question  
Subject: Loan question!
Category: Business and Money
Asked by: shoaib-ga
List Price: $2.00		 Posted: 05 Aug 2003 16:57 PDT
Expires: 04 Sep 2003 16:57 PDT
Question ID: 240474 
In the below mentioned website it is written that  "investment  bank 
acts as an agent or underwriter  for corporations and municipalities
issuing securities",  I  want to know that what is the 'exact 
meaning'  of  the  above  mentioned  sentence?

http://www.investorwords.com/cgi-bin/getword.cgi?2603
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