What is prospectus?

Legally mandated document published by every firm offering its securities to public for purchase. It ...

	Thursday, March 19, 2015 prospectus   Term of the Day prospectus Legally mandated document published by every firm offering its securities to public for purchase. It must comply with strict legal requirements and is filed for approval with the country's securities inspectorate such as the Securities & exchange commission (SEC) of the US, or the Securities & investment board (SIB) of the UK. A prospectus must disclose essential information such as (1) ... Learn more about this term Usage Example The first place you should look for information when considering investing in a mutual fund is the fund's prospectus.   Featured Article Finding a Financial Advisor for Your Business Venture Once you've finally jumped over the biggest hurdle of all in terms of starting your own business - namely, getting the capital together to actually get your ... Read this article   Voice Your Opinion Why do we try the impossible?   Take us with you! Download the BusinessDictionary app today.
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