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public offering
noun
a sale of a new issue of securities to the general public through a managing underwriter (
opposed to
private placement
): required to be registered with the Securities and Exchange Commission.
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Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Public offering
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"Instead of offering the Indians a chance to surrender, and to be taken peaceably, General Connor issued a very cruel order to his men—'Take no prisoners, fight to the death; nits breed lice.'"
-State of Utah
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