placement

The transferring of securities to a small group of investors. Bloomberg Financial Dictionary

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placement place‧ment [ˈpleɪsmənt] noun

1. [countable, uncountable] FINANCE the sale by a financial institution of shares, bonds etc for a company, or a particular quantity of shares etc sold in this way; = OFFERING

2. [countable] HUMAN RESOURCES a job, usually as part of a course of study, which gives you experience of a particular type of work:

• work placement schemes

• The placement involves a programme of meetings and activities.

ˈjob ˌplacement [countable, uncountable] HUMAN RESOURCES

when someone, especially a student or an unemployed person, is put into a job that is suitable to their skills and interests, usually for a temporary period:

• The University's Careers Service offers careers guidance and job placement facilities to all students.

3. [uncountable] the act of finding a place for someone to live or work:

• There are currently 500 young people on the scheme awaiting placement with an employer.

— see also product placement

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placement UK US /ˈpleɪsmənt/ noun

► [C or U] (also placing) STOCK MARKET, FINANCE an occasion when a company's shares become available to buy, or the activity of doing this: »

The company is raising £33m through the placement of new shares at 150p each to fund its European expansion.

»

Sun Hung Kai Properties raised 4.04 billion Hong Kong dollars in a share placement last week.

→ Compare MARKET OFFERING(Cf. ↑market offering)

► [C] UK (also job placement, US also practicum) HR a temporary job that someone does in an organization, usually to get some work experience: »

He got a two-week placement in the accounts department.

► [U] a service for finding a suitable job for someone, especially a temporary job for a student or unemployed person: »

In a slow economy, placement of unpaid interns is often easier.

→ See also PRIVATE PLACEMENT(Cf. ↑private placement), PRODUCT PLACEMENT(Cf. ↑product placement)