New issue market and initial public offering


Problem: Define each of the following terms:

a. Going public; new issue market; initial public offering (IPO),

b. Public offering; private placement,

c. Venture capitalists; roadshow; spread,

d. Securities and Exchange Commission (SEC); registration statement; shelf registration; margin requirement; insiders,

e. Prospectus; "red herring" prospectus,

f. National Association of Securities Dealers (NASD),

g. Best efforts arrangement; underwritten arrangement,

h. Refunding; project financing; securitization; maturity matching

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Finance Basics: New issue market and initial public offering
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