When a seller is not in a position to deliver the securities he has sold, the buyer sends in his application for buying-in, so that the securities can be bought from the market and delivered to him. This process by which the securities are procured on behalf of the Defaulter is known as Auction.
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Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]
Securities issued to existing investors as on a specific cut-off date, enabling them to buy more securities at a specific price.
The first public offer of shares by a Company. When a Company makes an IPO, the shares become widely held and there […]
A stock is a general term used to denote ownership in the form of certificates of a company.