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单词 offer for sale
释义

offer for sale

offer for sale An invitation to the general public to purchase the stock of a company through an intermediary, such as an issuing house or merchant bank (compareoffer by prospectus); it is one of the most frequently used means of flotation. An offer for sale can be in one of two forms: a public issue (the more usual), in which stock is offered at a fixed price and some form of balloting or rationing is required if the demand for the shares exceeds supply; or an issue by tender, in which individuals offer to purchase a fixed quantity of stock at or above some minimum price and the stock is allocated to the highest bidders. Compareintroduction; placing.

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更新时间:2024/11/15 1:59:46