private placement

private placement definition - business

private placement

The sale of an issue of debt or equity securities to a single buyer or to a limited number of buyers without a public offering. A private placement is generally conducted by an investment banker who acts as an agent in bringing together the seller and the buyer(s).

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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