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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Public offering  

Definition 1.

Used in the context of general equities. Offering to the investment public, after compliance with registration requirements of the SEC, usually by an investment banker or a syndicate made up of several investment bankers, at a price agreed upon between the issuer and the investment bankers. Antithesis of private placement. See: Primary distribution and secondary distribution.
 

Definition 2.

The making available of a new securities issue to the public through an underwriting. also called offering.
 
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