prospectus
/prospectus/
Học thuậtThân thiện
Definition
- Noun:
- A document describing the details of a proposed or existing enterprise: A prospectus provides comprehensive information, particularly about an educational institution's programs or a company's securities offering, to inform potential students or investors.
- A formal legal document for selling investments: In finance, a prospectus is a required document that discloses essential facts about a company and the securities it is offering for public sale, enabling informed investment decisions.
Usage
- The primary use is to present detailed, factual information to attract and inform a specific audience (e.g., prospective students, potential investors).
- It is a formal document, often regulated by authorities (like a university administration or a securities commission).
Examples
- Noun:
- The university's prospectus listed all the undergraduate courses available for the next academic year.
- Before investing in the new bond issue, she carefully studied the company's 200-page prospectus filed with the SEC.
Advanced Usage
- "To issue a prospectus": The act of formally publishing and distributing this document.
- The startup must issue a prospectus before its initial public offering (IPO).
- "As set forth in the prospectus...": A formal phrase used to refer to information officially contained within the document.
- The risks, as set forth in the prospectus, were significant but manageable.
Variants and Related Words
- Prospective (adj): Potential or expected; relating to or effective in the future.
- The college sent information to all prospective students.
- Prospect (n): The possibility or likelihood of a future event occurring; a potential candidate or customer.
- There is a genuine prospect of success for the new venture.
Synonyms
- Brochure: A small booklet or pamphlet, often containing promotional information (less formal and legally binding than a financial prospectus).
- Catalog: A complete list of items, often in systematic order (common for academic courses).
- Offer document: A formal proposal to sell securities (a close synonym in finance).
Related Phrases
- Red herring prospectus: A preliminary prospectus circulated to gauge investor interest, which does not contain the final offer price or effective date.
- The company distributed a red herring prospectus to institutional investors.
- Final prospectus: The completed version of the offer document that contains the final terms of the security offering.
Idioms
Noun
- a catalog listing the courses offered by a college or university
- a formal written offer to sell securities (filed with the SEC) that sets forth a plan for a (proposed) business enterprise
- a prospectus should contain the facts that an investor needs to make an informed decision