Definitions for "gross spread"
The difference between the price of a security paid by the underwriter and the...
The difference between an IPO's offering price and what the underwriter pays to the issuing company. This is a percentage of the offering price which covers the underwriters costs of an offering.
The difference between an IPO's offering price and the price paid to the issuers by an underwriter to account for syndication fees and underwriter's discount.