Broad-Based Weighted Average
An anti-dilution provision used for the benefit of existing preferred shareholders when additional offerings are made by the corporation. The broad-based weighted average accounts for all equity previously issued and currently undergoing issue.

Investopedia Says:
The new weighted average price is adjusted for the preferred shareholder providing for protection against dilution. However, because all equity issued by the company is included in the weighting process, it is not as favorable as other weighting methods.

Related Terms:
Anti-dilution Provision
Dilution
Full Ratchet
Narrow Based Weighted Average

• Specialization
• Special Memorandum Account (SMA)
• Special Needs Child
• Special Purchase and Resale Agreement (SPRA)
• Special Purchase and Resale Agreement (SPRA)
• Special Purpose Acquisition Company (SPAC)
• Special Purpose Acquisition Company (SPAC)
• Special Purpose Vehicle/Entity (SPV/SPE)
• Special Purpose Vehicle/Entity (SPV/SPE)
• Special Situation
• Special Tax Bond
• Specific Risk
• Specific-Shares Method
• Speculation
• Speculation Index
• Speculative Capital
• Speculative Company
• Speculative Flow
• Speculative Risk
• Speculative Stock
• Speculator
• Speed Resistance Lines
• Spending Phase
• Spiders (SPDR)
• Spiders (SPDR)