What are prospectus?

  • (noun): A formal written offer to sell securities (filed with the SEC) that sets forth a plan for a (proposed) business enterprise.
    Example: "A prospectus should contain the facts that an investor needs to make an informed decision"
    See also — Additional definitions below

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Famous quotes containing the word prospectus:

    The past is only so heroic as we see it. It is the canvas on which our idea of heroism is painted, and so, in one sense, the dim prospectus of our future field.
    Henry David Thoreau (1817–1862)