bookrunner

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noun

The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.

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Meanings

nounbookrunner (plural bookrunners)

plural bookrunners

  1. The main underwriter or manager in equity, debt, or hybrid securities issuances, who syndicates with other investment banks in order to lower the risk.

    Fairfax said it had entered into an agreement with a syndicate of underwriters co-led by CIBC, which will be the sole bookrunner, Bank of America Merrill Lynch and Scotia Capital, for the $1 billion offering.

    2009 September 9, “Fairfax to raise $1B to reacquire Odyssey”, in Toronto Star

Origin

From book + runner.

Full word history & related roots →
Cite this entry
APA

bookrunner. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/bookrunner

MLA

“bookrunner.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/bookrunner. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “bookrunner,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/bookrunner.

Source: bookrunner on Wiktionary, CC BY-SA 4.0.