best effort

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best effort

(networking)
A classification of low priority network traffic, used especially the Internet.

Different kinds of traffic have different priorities. Videoconferencing and other types of real-time communication, for example, require a certain minimum guaranteed bandwidth and latency and so must be given a high priority. Electronic mail, on the other hand, can tolerate an arbitrarily long delay and is classified as a "best-effort" service.

[Scientific American, Nov. 1994, pp. 83-84].
References in periodicals archive ?
The Offering was completed on a best-efforts basis with Blackmont Capital Inc.
The offering is being managed on a best-efforts basis by Ryan, Beck & Co.
as agents for a private placement, to undertake, on a best-efforts basis, a private placement to raise gross proceeds of $251,250 with a group of accredited investors.
This Bridge Facility will be retired by a subsequent Offering (the Debenture Offering) of up to 10,500 Convertible Debentures at US $1,000 per Debenture, for a total of US $10,500,000 that will be arranged on a best-efforts basis with Regent serving as lead manager.
MSA-TSX Venture Exchange) announces that it has entered into an agreement with Canaccord Capital Corporation ("Canaccord"), whereby, Canaccord will endeavor to sell, on a best-efforts basis, up to 5,000,000 flow-through shares of Coronation at a price of $0.