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Registered secondary
Securities offering where the prior owner sells shares. The sale is often a large block of stock that a large institutional investor bought at the initial public offering. The proceeds from the stock sold do not go to the company.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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