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Preliminary prospectus
Often referred to as a 'red herring'. A prospectus printed with red print on the front page on the left margin which explains that the prospectus is incomplete. There may be several such filings for a new issue as amendments are filed prior to the issuance of the offering and a final prospectus.
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- Part of Speech: noun
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- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
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