secondary distribution/offering
- secondary distribution/offering
-
public sale of previously issued securities held by large investors, usually corporations or institutions, as distinguished from a primary distribution, where the seller is the issuing corporation. The sale is handled off the NYSE, by a securities firm or a group of firms, and the shares are usually offered at a fixed price related to the current market price of the stock. Bloomberg Financial Dictionary
Financial and business terms.
2012.
Look at other dictionaries:
secondary distribution — n. A public sale of stock that has already been issued and sold once, as opposed to a new offering. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. secondary distribution … Law dictionary
secondary distribution — See also: secondary offering public sale of previously issued securities held by large investors, usually corporations or institutions, as distinguished from a primary distribution, where the seller is the issuing corporation. The sale is handled … Financial and business terms
secondary distribution — noun : the sale of a large block of an already outstanding stock through dealers but off the floor of an exchange * * * secondary distribution, = secondary offering. (Cf. ↑secondary offering) … Useful english dictionary
secondary — In English practice, an officer of the courts of king s bench and common pleas; so called because he was second or next to the chief officer. In the king s bench he was called Master of the King s Bench Office, and was a deputy of the… … Black's law dictionary
secondary offering — An IPO in which privately held shares in a corporation are sold to the public. Bloomberg Financial Dictionary A registered offering of a large block of a security that has been previously issued to the public. The blocks being offered may have… … Financial and business terms
offering — An issue of securities offered for sale to the public or private group. Securities offerings are generally of two types: primary (proceeds going to the company for some lawful purpose) and secondary (where the funds go to a person other than the… … Black's law dictionary
Initial public offering — (IPO), also referred to simply as a public offering , is when a company issues common stock or shares to the public for the first time. They are often issued by smaller, younger companies seeking capital to expand, but can also be done by large… … Wikipedia
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 of several investment bankers, at a price agreed upon… … Financial and business terms
Spot Secondary — The sale of a previously issued security that does not require a Securities and Exchange Commission (SEC) registration statement. Certain requirements must be met to avoid registration. A spot secondary offering is typically offered to… … Investment dictionary
Primary Distribution — The original sale of a new security issue (bonds or stocks) from a company to investors/shareholders. Proceeds from a primary distribution are sent directly to the issuing company. All bond offerings are considered primary distributions. Also… … Investment dictionary