Where does “Absatzzusage” come from?

Absatzzusage (German) comes from German Zusage, from German zusagen — to accept, to promise to come; to please; to...

Absatzzusage (German): best efforts underwriting an agreement where an underwriter promises to make a best effort to sell as much of a securities issue as possible, but does not guarantee the sale or buy the remaining shares

Definitions

  1. best efforts underwriting an agreement where an underwriter promises to make a best effort to sell as much of a securities issue as possible, but does not guarantee the sale or buy the remaining shares

Ancestry of “Absatzzusage”, step by step

Absatzzusage traces back through two separate lines of ancestry.

via German Zusage

StepLanguageWordMeaning
1GermanZusagecovenant
2Germanzusagento accept, to promise to come; to please; to...

via German Absatz

StepLanguageWordMeaning
1GermanAbsatzturnover; heel; paragraph
2Middle High Germanabesaz
Every word from German zusagenEvery word from German Zusage
Absatzzusage — Etymology, Origin & Word History | Etymology Explorer