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Meaning of “secondary offering” in the English Dictionary

"secondary offering" in Business English

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secondary offeringnoun [C]

uk   us   FINANCE, STOCK MARKET
(also secondary distribution) an occasion when a company issues new shares, but not for the first time, or the number of shares involved
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 from the Cambridge Business English Dictionary © Cambridge University Press)
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“secondary offering” in Business English

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