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What is a prospectus?

What is a prospectus? Here are some definitions.

Noun
  1. A document, distributed to prospective members, investors, buyers, or participants, which describes an institution (such as a university), a publication, or a business and what it has to offer.
  2. A document which describes a proposed endeavor (venture, undertaking), such as a literary work (which one proposes to write).
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Examples
No company in its right mind sends out a prospectus or press release without getting its counsel to do some legal vetting first.
Specific proposals should be sent to the Journal no later than Jan.15, 2004, with prospectus and brief vita.
On this first acquisition of business assets for treasury shares, it is clear that a prospectus was required.
A round of 38 redundancies has now come to an end and the college will be offering the full range of courses in the new prospectus.
The prospectus spells out that bondholders rank ahead only of unsecured creditors and the shareholders.
If you are interested in being a sponsor or a case study, please email me and I will send you a prospectus.

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