Formula basis

Formula basis
A method of selling a new issue of common stock in which the SEC declares the registration statement effective on the basis of a price formula rather than on a specific range. The New York Times Financial Glossary

Financial and business terms. 2012.

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  • formula basis — A method of selling a new issue of common stock in which the SEC declares the registration statement effective on the basis of a price formula rather than on a specific range. Bloomberg Financial Dictionary …   Financial and business terms

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