| 单词 | prospectus |
| 释义 | prospectus A document that gives details about a new issue of shares and invites the public to buy shares or debentures in the company. A copy must be filed with the Registrar of Companies. The prospectus must conform to the provisions of the Companies Act 1985, describe the aims, capital structure, and any past history of the venture, and may contain future profit forecasts. There are heavy penalties for knowingly making false statements in a prospectus. |
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