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when-issued

 - 2 dictionary results

when-is⋅sued

  [hwen-ish-ood, wen-, hwuhn-, wuhn- or, especially Brit., -is-yood]
Use when-issued in a Sentence
–adjective
of, pertaining to, or noting an agreement to buy securities paid for at the time of delivery. Abbreviation: wi, w.i.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

when-issued

Used to refer to a security that has not yet been issued but that will be issued in the future. Trading in when-issued securities often occurs between the time a new security is announced (for example, the time when a stock is split) and the time the certificates are actually issued.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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