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Private offering |
: the sale of an issue of securities directly by the issuer to one or a few large investors without any public offering
compare public offering
A private offering is exempt from the requirements of filing a registration statement with the Securities and Exchange Commission and distributing prospectuses to potential buyers before the sale.
| Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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in personam jurisdiction
the jurisdiction granted a court over persons before it that allows the court to issue a binding judgment
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