Greensheet
An information circular prepared by an underwriter that summarizes the main components of a new issue's prospectus.
Investopedia Commentary
A greensheet contains both advantages and disadvantages of a new issue so salespeople can attempt to solicit the issue to the public.
A greensheet is created solely for the use of the employees of the underwriting firm.
Related Links
IPO Basics Tutorial
The Murky Waters Of The IPO Market
Brokerage Functions: Underwriting And Agency Roles
See also: IPO, Offering Circular, Prospectus, Red Herring, Underwriting
Also spelled: green sheet