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 shares were offered on a best-efforts basis through Keefe, Bruyette & Woods, A Stifel Company, as lead placement agent, and The Hovde Group, as co-placement agent.
The shares were offered on a best-efforts basis through Keefe, Bruyette & Woods, A Stifel company ("KBW"), as placement agent, in accordance with a Placement Agent Agreement between Centric Financial Corporation and KBW.
The offering will be conducted on a best-efforts basis by WR Hambrecht + Co.
The EBRD has syndicated US$ 29 million to commercial banks on a best-efforts basis, with the remainder coming from the EBRD.
With respect to activities outside UBS you will, on a best-efforts basis, keep corporate communications informed," Politico quoted the document, as stating.
to lead a private placement offering to raise gross proceeds of up to 1.75 million pounds (about $3.2 million) on a best-efforts basis.
Some lenders also outsource short-term interest-rate risk management between loan application receipt and loan sale when they sell loans on a best-efforts basis. Others sell loans on a mandatory basis and may outsource risk management to firms that include Flatiron, MIAC, Mortgage Capital Management and Tuttle Risk Management Services.