Negotiated Sale [Underwriting] Law and Legal Definition
Negotiated Sale is an agreement made directly between an issuer of a security and an underwriter whereby the underwriter places the new issue with investors in exchange for a commission or fee. In a negotiated sale, the underwriter, selected by the issuing entity before the sale date, will perform the financing for the issue. The commission or fee is negotiated directly between the issuer and the underwriter.
