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Shelf filing
A Securities and Exchange Commission registration that carries the right for a company to sell additional securities at some unspecified future date. These transactions can take many months to complete but can come to completion with little if any notice to the public at large. It is a favourite of institutions to be done directly to them in the form of a block trade.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
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