Issuing securities at less than their nominal value. – The listing of a newly issued security below its issue price (the price of the first trade is lower than the initial public offering price of the security). – The provision of a service on the financial market below its cost (the provision of services lower than their cost price). – See candy, yield on issue, Monetary Control Act, full cost recovery.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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