secondary offering
Definition
A registered offering of a large block of a security which has been previously issued to the public, by a current shareholder. The proceeds of the sale go to the holder, not the issuing company, and the number of shares outstanding does not change. also called secondary distribution.
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Related Terms
primary offering, syndicate bid, pre-syndicate bid
'secondary offering
' appears in the definitions of these terms on BusinessDictionary.com
registered security
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