Where does “Festübernahme” come from?
Festübernahme (German) comes from German Übernahme, from German übernehmen, from German nehmen, from Middle High German nëmen, from Old High German neman, from Proto-West Germanic neman, from Proto-Germanic nemaną, from Proto-Indo-European nem- — to distribute; to give, to take.
Festübernahme (German): firm commitment underwriting an underwriting agreement where the underwriter buys the entire issue from the issuer and resells it to the public, assuming full financial responsibility for any unsold shares
Definitions
- firm commitment underwriting an underwriting agreement where the underwriter buys the entire issue from the issuer and resells it to the public, assuming full financial responsibility for any unsold shares
Ancestry of “Festübernahme”, step by step
Festübernahme traces back through two separate lines of ancestry.
via German Übernahme
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | German | Übernahme | taking possession; assumption, acceptance;... |
| 2 | German | übernehmen | to take over, replace; to assume, to accept; to... |
| 3 | German | nehmen | to take (something into one's possession or on one's body) |
| 4 | Middle High German | nëmen | to take |
| 5 | Old High German | neman | to take |
| 6 | Proto-West Germanic | neman | to take |
| 7 | Proto-Germanic | nemaną | to take |
| 8 | Proto-Indo-European | nem- | to distribute; to give, to take |