prospectus


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Prospectus

A document, notice, circular, advertisement, letter, or communication in written form or by radio or television that offers any security for sale, or confirms the sale of any security.

A prospectus is a document or a publication by, or on behalf of, a corporation containing information on the character, nature, and purpose of an issue of shares, debentures, or other corporate Securities that extends an invitation to the public to purchase the securities. The content of a prospectus is regulated by federal law. It must contain all material facts relating to the company and its operations so that a prospective investor can make an informed decision as to the merit of the investment. A prospectus must be furnished to an investor before any purchase is made.

prospectus

n. a detailed statement by a corporation required when there is an issuance of stock to the general public. A prospectus includes the financial status, the officers, the plans, contingent obligations (such as lawsuits) of the corporation, recent performance and other matters which would assist the potential investor or investment adviser to evaluate the stock and the prospects of the company for profit, loss, or growth. The Federal Securities Act requires the filing of the prospectus with the Securities and Exchange Commission and the SEC's approval before any major stock issue. State laws generally require similar documentation for some issuances or offers of sales of stock within the state. Every potential purchaser of a new stock shares must receive a copy of the prospectus, even though they are difficult to understand. Offerings to the public of limited partnership interests may require that a prospectus be prepared and delivered to each investor. (See: corporation, stock, limited partnership, Blue Sky laws)

prospectus

noun analysis, announcement, blueprint, bulletin, catalogue, description, outline, plan, platform, program, scheme, sketch, statement, summary, syllabus, synopsis
See also: issuance, plan, program, proposition
References in periodicals archive ?
The supplementary prospectus is required following announcement of the Company's interim results for the six months ended 31 March 2012, which constitutes a significant new factor relating to information included in the Prospectus.
Investors would have the choice of buying into a fund on the basis of the summary, called a profile, or requesting a full prospectus from the fund company.
Institute, the trade group representing mutual fund companies, show approximately half the investors out there don't even open a prospectus on their way to making a deposit.
The final prospectus also may be obtained on the Securities and Exchange Commission's Web site at http://www.
Supplemental Prospectus dated 21 April 2011 relating to a Prospectus
As expected, Levitt also said that the commission would consider adopting rules allowing fund companies to sell shares in mutual funds based only on fund profiles rather than on the full prospectus.
The offering may be made only by means of a prospectus and a related prospectus supplement, which have or will be filed with the SEC.
A preliminary prospectus related to the offering has been filed, and a final prospectus will be filed, with the Securities and Exchange Commission.
Investors and security holders are urged to read the proxy statement, prospectus and other relevant material before making any voting or investment decisions with respect to the merger.
A preliminary prospectus and final prospectus related to the public offering will be filed with the Securities and Exchange Commission.
The fund has filed a preliminary prospectus with the Securities and Exchange Commission ("SEC") relating to the shelf offering of the fund.