Related Words

Offering Memorandum: A document that outlines the terms of securities to be offered in a private placement.

Registered Secondary Offering: A reoffering of a large block of securities, previously publicly issued, by the holder of a large portion of some corporation through an investment firm.

Public Offering Price: The price of a new issue of securities at the time that the issue is offered to the public.

Public Offering: Used in the context of general equities. Offering to the investment public, after compliance with registration requirements of the SEC, usually by an investment banker or a syndicate made up . . . View Full Definition

Private Offering: An offering of securities to no more than 25 persons and sale to no more than 10 persons.

Reoffering Yield: In a purchase and sale, the yield to maturity at which an underwriter offers to sell bonds to investors.

Rights Offering: In a rights offering, also known as a subscription right, a company offers existing shareholders the opportunity to buy additional shares of company stock in proportion to the number they al . . . View Full Definition

Split Offering: A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker.

Underwritten Offering: A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter.

Shelf Offering: Offering of registered securities covered by a prospectus whose distribution is not underwritten on a firm commitment basis. The shares may be sold in one block or in small amounts from time . . . View Full Definition