What is PROSPECTUS?

A document published by a company or corporation, or by persons acting as its agents or assignees, setting forth the nature and objects of an issue of shares, debentures, or other securities created by the company or corporation, and in- viting the public to subscribe to the issue. A prospectus is also usually published on the issue, in England, of bonds or other securities by a foreign state or corporation. Sweet. Ill the civil law. Prospect; the view of external objects. Dig. 8, 2, 3, 15.

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