Meaning 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
More terms such as Secondary distribution/offering in Dictionary S.
- Definition Severally But Not Jointly:
- Examples An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members secondary distribution/offering definition.
- Definition Supermajority Amendment:
- Examples Often used in risk arbitrage. Corporate amendment requiring that a substantial majority (usually 67% to 90%) of stockholders approve important transactions, such as mergers secondary distribution/offering explain.
- Definition Short Position:
- Examples person sells stocks he or she does not yet own. Shares must be borrowed, before the sale, to make good delivery to the buyer. Eventually, the shares must be bought back to close out the transaction secondary distribution/offering what is.
- Definition Spread:
- Examples bid and ask prices of a stock or other security. (2) The simultaneous purchase and sale of separate futures or options contracts for the same commodity for delivery in different months. Also known secondary distribution/offering meaning.
- Definition Shopped Stock:
- Examples Sell inquiry that has been seen by or shown to other dealers before coming to an investment bank secondary distribution/offering abbreviation.
