Prospectus
- Definition: A legal document issued by a company or financial institution to potential investors that provides detailed information about the company, its business operations, financial performance, and the securities being offered for sale, such as stocks or bonds. The prospectus is required by regulatory authorities and serves as a key disclosure document, enabling investors to make informed investment decisions. It typically includes information about the company’s management team, risk factors, financial statements, and terms of the offering.
- Alternate Term: Offering Document, Disclosure Statement