Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Easter-offerings

Eccles. law. Small sums of money paid as personal tithes to the parochial clergy by the parishioners at Easter. 0 Under the Recovery of Small Tithes Act (1695), Easter-offerings were recoverable before justices of the peace. St. 7 & 8 Will. 3, ch. 6. - Also termed Easter-dues.

Offering

, n. 1. The act of making an offer; something offered for sale. 2. The sale of an issue of securities. See ISSUE (2).

all-or-none offering

. An offering that allows the issuer to terminate the distribution if the entire block of offered securities is not sold.

controlled-securities-offering distribution

See securities-offering distribution (1).

controlled-securities-offering distribution.

see securities-offering distribution under distribution.

initial public offering

. A company's first public sale of stock; the first offering of an issuer's equity securities to the public through a registration statement. - Abbr. IPO.

negotiated offering

See OFFERING.

offering circular

A document, similar to a prospectus, that provides information about a private securities offering. - Also termed offering statement. offering price. See asking price under PRICE.

offering price

See asking price.

offering statement.

See OFFERING CIRCULAR.

primary offering

An offering of newly issued securities.

private offering

An offering made only to a small group of interested buyers. Also termed private placement.

public offering

An offering made to the general public.

registered offering

A public offering of securities registered with the SEC and with appropriate state securities commissions. -Also termed registered public offering.

registered public offering

See registered offering under OFFERING.

rights offering

An issue of stock-purchase rights allowing shareholders to buy newly issued stock at a fixed price, usu. below market value, and in proportion to the number of shares they already own. - Also termed privileged subscription. Cf. PREEMPTIVE RIGHT.

secondary offering

1. Any offering by an issuer of securities after its initial public offering. 2. An offering of previously issued securities by persons other than the issuer. See secondary distribution (1) under DISTRIBUTION.

securities-offering distribution

1. An issuer's public offering of securities through a formal underwriting agreement with a broker-dealer. - Also termed controlled-securities-offering distribution. 2. An issuer's public offering of securities on an informal basis, with or without brokers. - Also termed uncontrolled-securities-offering distribution.

special offering

See OFFERING.

uncontrolled-securities-offering distribution

See securities-offering distribution under DISTRIBUTION.

undigested offering

A public offering of securities that remain unsold because there is insufficient demand at the offered price.