Word Pronunciation & Dictionary

bookrunner

Word Rarity Very rare

Frequency: Zipf frequency 0.00 in modern English

Syllables: bookrun-ner
IPA

16

Scrabble Score

10

Letters

2

Syllables

7

Unique Chars

Meaning

noun

The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.

Example Sentences

"Fairfax said it had entered into an agreement with a syndicate of underwriters co-led by CIBC, which will be the sole bookrunner, Bank of America Merrill Lynch and Scotia Capital, for the $1 billion offering."

Etymology

From book + runner.

Inflected Forms

bookrunners (plural)

Questions

What does bookrunner mean?: The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.
Where does bookrunner come from?: From book + runner.

How to pronounce bookrunner

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