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issuing house
noun
- a financial institution that engages in finding capital for established companies or for private firms wishing to convert to public companies, by issuing shares on their behalf
Example Sentences
The issuing house is in a position so entirely safe that hardly ever can a question arise as to its ability to take care of its borrowings.
In the first place the terms offered are so onerous to the borrower that it may safely be said that no respectable issuing house in London would look at them.
But this absence of any legal liability on the part of the issuing house imposes on it a very strong moral obligation, which is fully recognized by the best of them.
In other words, is it the business of an issuing house to take care of the economic morals of its clients, or is it merely concerned to see that the securities which it offers to the public are well secured?
They have got their bonds, and if the bonds are in default they have made a bad debt and not the issuing house, unless, as is unlikely, it has kept any of them in its own hands.
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