registered secondary distribution

registered secondary distribution definition - business

registered secondary distribution

The sale of a block of previously issued securities following registration with the SEC. Securities sold in a registered secondary offering are likely to come from an institutional investor who acquired the securities in a private placement.

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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