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prospectus

Definition

A legal document offering securities or mutual fund shares for sale, required by the Securities Act of 1933. It must explain the offer, including the terms, issuer, objectives (if mutual fund) or planned use of the money (if securities), historical financial statements, and other information that could help an individual decide whether the investment is appropriate for him/her. also called offering circular or circular.

Featured Tip

A Mutual Fund's VolatilityBefore buying a mutual fund, think about its volatility. While past performance does not necessarily predict future returns, it can tell you how volatile a fund has been. Generally, the more volatile ... Read more

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Forex Managed Trading Accounts (Pros and Cons)
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Nearby Terms

prorate
proration
prospect
prospecting
prospective P/E ratio
prospectus
prosperity
prosperous
protect
protected class
protected fund

Popular 'Bonds' Terms

bond
debt/equity ratio
security
market capitalization
finance
yield
surety bond
derivative
debenture
risk

Related Terms

cooling-off period
comfort letter
final prospectus
preliminary prospectus
new issue
Registration Statement
statement of additional information
12b-1 fee
PORTAL
Rule 12b-1 fee

Mentioned in these terms

pathfinder prospectus