tombstone

tombstone definition - business

tombstone

An advertisement for a securities issue. The ad lists the security, some of the security's specifics, and a bracketed list of the members of the syndicate selling the issue in the order of the members' importance. The term derives from the fact that the notice appears as a matter of record after the sale has been completed.

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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