secondary offering
noun [C] FINANCE, STOCK MARKETDefinition
› (also secondary distribution) an occasion when a company issues new shares, but not for the first time, or the number of shares involved → Compare IPO, public offering
› an occasion when a shareholder sells a large number of a company's shares, or the number of shares involved: The holding corporation announced yesterday that it had shelved plans to conduct a secondary offering of shares in TAM, Inc.
(Definition of secondary offering noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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