If you are researching prune juice as a treatment for CONSTIPATION, Click here for advice. When your baby is old enough for juice, it is certainly okay to give it them on occasion; however, formula/breast milk and water should make up the majority of liquids your child consumes.
Agreement among underwriters. A contract among participating members of a syndicate that defines the members' proportionate liability, which is usually limited to and based on the participants' level of involvement. The contract outlines the payment schedule on the settlement date. Compare: Underwriting agreement.
What is a 'Concession'. A concession is a selling group's compensation in a stock or bond underwriting agreement. The amount of compensation is based on the underwriting spread, or the difference between what the public pays for the securities and what the issuing company receives from the sale. Included in the underwriting spread is the management fee, selling concession and underwriter's compensation.