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Glite Dictionary
issuing house

issuing house

8.6
A bank that helps a company sell new shares or bonds to the public
  • noun
  • Archaic
translation icon : casa de emisión
  • The company appointed an issuing house to handle its new share offering.

Examples

  • Several major issuing houses competed for the contract to distribute the bonds.

  • Many companies rely on an issuing house for their IPOs.

  • An issuing house plays a crucial role in bringing securities to the primary market.

  • The issuing house helped the company raise funds.

  • An issuing house plays a crucial role in bringing securities to the primary market.

  • The company appointed an issuing house to handle its new share offering.

  • Many companies rely on an issuing house for their IPOs.

How Prominent

megabank
1 4.6
issuing house
  • Archaic
8.6
investment company
  • Specialized
6 3.0

Surface Forms

issuing house singular
issuing houses plural

Morphology

issuing + house

The meaning is directly derivable from combining 'issuing' (the process of distributing) with 'house' (a firm or company): it denotes a firm that issues securities. The pattern of <participle> + house to mean a company (cf. 'publishing house') is common in English, so a B1 learner who knows both constituents can infer the MWE's basic meaning.

Etymology

The compound noun issuing house comes from the simple image of a 'house' (a firm) that 'issues' or sends out new shares and bonds. So an issuing house is the company that arranges and sells a firm's new shares and bonds.