best-efforts

adjective

best-ef·​forts
of security underwriting
: not involving a firm commitment on the part of an underwriter to take up any unsold shares or bonds of an issue being underwritten

Word History

First Known Use

1969, in the meaning defined above

Time Traveler
The first known use of best-efforts was in 1969

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Dictionary Entries Near best-efforts

Cite this Entry

“Best-efforts.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/best-efforts. Accessed 23 Nov. 2024.

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