The comprehensive statement which is provided to the public when a corporation issues or offers stock, which includes financial statements, information about the officers and directors, business plans and any other relevant information that would or should be of importance to a potential investor. 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 Inviting 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. In the civil law. Prospect; the view of external objects. Dig. 8, 2, 3, 15.
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