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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
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.
A prospectus for potential sponsors raises the prospect of boarding academies.
I need to sit down with the prospectus from each university and my notes from visiting them and make a table comparing the two.
If you are interested in being a sponsor or a case study, please email me and I will send you a prospectus.
Then he busily flicks through the university's Life Sciences prospectus in search of inspiration.

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