best efforts Значение & определение

Значение на best efforts на български

• 0 the greatest possible effort to achieve something or do something, especially when this is difficult:

  • use your best efforts to do sth The buyer shall use his best efforts to get an acceptable purchase contract for this property.

• 1 the greatest possible effort by a financial organization, such as an investment bank, to sell a company's new shares, when it does not have to promise to sell them all and it does not have to buy the shares it does not sell:

  • use your best efforts to do sth The national distributor has agreed to use its best efforts to sell shares of the fund.