Recent Examples of takedown from the Web
The comedian’s blow-by-blow takedown of the president’s press conference was merciless—and his team wrote it in less than an hour.
For Richey, the takedown was a metaphor for how The League and The Review Board operated.
Menfield kept pumping one-two combinations, but Jolly was able to secure a takedown against the cage.
The prosecutions represent the biggest-ticket takedown of health-care fraud in U.S. history, Sessions said in a joint announcement with Health and Human Services Secretary Tom Price.
These four individuals and 11 others were indicted as part of the federal government’s largest-ever health care fraud takedown.
Federal authorities charged more than 400 people in what Attorney General Jeff Sessions called the largest health care fraud takedown operation in U.S. history.
Seventy-seven people in South Florida are facing federal charges in what U.S. Attorney General Jeff Sessions said Thursday was the largest health-care fraud takedown in the nation’s history.
The total defendants and false claims far surpassed last year's Medicare fraud takedown, which has become an annual show of force to combat the persistent problem that has cost the U.S. government billions of dollars in losses over the past decade.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'takedown.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of takedown
First Known Use of takedown
Definition of take down
- took down his pants
- take down a building
- take a rifle down
- took down some notes
Examples of take down in a Sentence
there's no need to take us down by making fun of our clothes
electricians will take down all the lights for the set after the play has finished its run
First Known Use of take down
take down Synonyms
Synonymsabase, chasten, cheapen, debase, degrade, demean, discredit, disgrace, dishonor, foul, humiliate, lower, shame, sink, smirch, humble
Antonymsaggrandize, canonize, deify, elevate, exalt
Related Wordsabash, confound, confuse, discomfit, disconcert, discountenance, embarrass, faze, fluster, mortify, nonplus, rattle; belittle, castigate, criticize, cry down, decry, depreciate, detract, diminish, discount, disparage, minimize, put down, ridicule, write off; bad-mouth, defame, defile, libel, malign, slander; affront, insult; censure, condemn, damn, denounce, execrate, reprehend, reprobate
Near Antonymsacclaim, applaud, boast, celebrate, cheer, cite, commend, compliment, congratulate, decorate, eulogize, extol (also extoll), fete (or fête), hail, honor, laud, praise, salute, tout; acknowledge, recognize; highlight, play up, spotlight; dignify, ennoble, enshrine, ensky, enthrone, glorify, magnify; advance, boost, lift, promote, raise, upgrade, uplift; idealize, romanticize
Financial Definition of TAKEDOWN
How It Works
When a company decides it wants to issue stock, bonds or other publicly traded securities, it hires an underwriter to manage what is a long and sometimes complicated process.
To begin the offering process, the underwriter and the issuer first determine the kind of offering the issuer needs. Let's say Company XYZ wants to sell shares via an initial public offering (IPO). After determining the offering structure, the underwriter usually assembles what is called a syndicate to get help managing the minutiae (and risk) of particularly large offerings. A syndicate is a group of other investment banks and brokerage firms that commit to sell a certain percentage of the offering (this is called a guaranteed offering because the underwriters agree to pay the issuer for 100% of the shares, even if they can’t sell them all).
After the syndicate is assembled, the issuer files an SEC Form S-1, which is also called a prospectus and discloses all material information about the issuer. Prospectus in hand, the underwriter then sets to selling the securities. Because there may not be a firm offering price at the time, purchasers usually subscribe for a certain number of shares. This process lets the underwriter gauge the demand for the offering.
Once the issuer and the underwriter agree on how to price the securities and the SEC has made the registration statement effective, the underwriter calls the subscribers to confirm their orders. If the demand is particularly high, the underwriter and issuer might raise the price and reconfirm this with all the subscribers.
Once the underwriter is sure it will sell all of the shares in the offering, it closes the offering. Then it purchases all the shares from the company (if the offering is a guaranteed offering). This purchase price is called the takedown. The issuer receives the proceeds minus the underwriting fees.
The underwriters then sell the shares to the subscribers at the offering price.
Why It Matters
The takedown price is like a wholesale price. It is important to note that although the underwriter influences the initial market price of the securities, once the subscribers begin selling, the free-market forces of supply and demand dictate the price.
Underwriters grease the skids for bringing securities to market. For example, if XYZ Company shares had a public offering price of $10 per share, XYZ Company might only receive $9 per share if the takedown is $9 per share. The $1 spread compensates the underwriter and syndicate for three things: negotiating and managing the offering; assuming the risk of buying the securities if nobody else will; and managing the sale of the shares. Making a market in the securities also generates commission revenue for underwriters.
As we mentioned earlier, underwriters take on considerable risk. Not only must they advise a client about matters large and small throughout the process, they relieve the issuer of the risk of trying to sell all the shares at the offer price. Underwriters often mitigate this risk by forming a syndicate whose members each share a portion of the shares in return for a portion of the fee.
Underwriters work hard to determine the "right" price for an offering, but sometimes they "leave money on the table." For example, if XYZ Company prices its 10-million-share IPO at $10 per share but the shares trade at $30 two days after the IPO, the underwriter probably underestimated the demand for the issue. As a result, XYZ Company received $150 million (less underwriting fees) when it could have possibly fetched $300 million.
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