red herring prospectus
Noun
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Noun
red herring prospectus
- (finance) A document that must be submitted by the issuing company as part of a public offering of securities (either stocks or bonds). It is issued to potential investors, but does not have complete particulars on the price of the securities offered or quantum of securities to be issued.
- Synonyms: red herring
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003