/ˈʌndərˌraɪtɪŋ kəˈmɪʃən/ – Phrase
Definition: hoa hồng bảo lãnh việc phát hành cổ phần.
A more thorough explanation: Underwriting commission refers to the fee paid to underwriters for their services in assessing the risk of insuring a particular individual or entity, and for agreeing to assume that risk in exchange for a premium. In the context of securities offerings, underwriting commission is the compensation paid to underwriters for their role in guaranteeing the sale of securities to investors.
Example: The underwriting commission for the initial public offering was set at 5% of the total offering amount.