prospectus

noun

pro·​spec·​tus prə-ˈspek-təs How to pronounce prospectus (audio)
prä-
plural prospectuses
1
: a preliminary printed statement that describes an enterprise (such as a business or publication) and that is distributed to prospective buyers, investors, or participants
2
: something (such as a statement or situation) that forecasts the course or nature of something

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Prospectus Is a Word for the Forward-Thinking

Like prospect, prospectus looks forward. Thus, a prospectus originally outlined something that didn't yet exist, describing what it would become. This might even be a book; the great dictionary of Noah Webster, like that of Samuel Johnson, was first announced in the form of a prospectus, so that well-to-do people might actually subscribe to it—that is, pay for it in advance so that Webster would have money to live on while writing it. Soon, prospectus was being used to mean a description of a private school or college, intended to attract new students. Today the word very often means a description of a stock offering or mutual fund, whether new or not.

Examples of prospectus in a Sentence

Recent Examples on the Web Some of the other recommendations from Barclays policy development team included removing the requirement for a prospectus when a company moves to the main market if it has been listed on a junior market for at least 18 months. Robert Olsen, Forbes, 16 Sep. 2024 The company still hasn’t filed its public prospectus. Hayden Field,mackenzie Sigalos, CNBC, 6 Sep. 2024 It was underwritten by Citigroup Global Markets, UBS Securities and BofA Securities, according to a prospectus filed with the Securities and Exchange Commission. Taylor Telford, Washington Post, 31 July 2024 Sponsorship levels for the convention ranged from $100,000 to $5 million, according to a copy of the RNC host committee's sponsorship prospectus obtained by the Journal Sentinel. Maia Pandey, Journal Sentinel, 17 July 2024 See all Example Sentences for prospectus 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'prospectus.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Latin, prospect

First Known Use

1765, in the meaning defined at sense 1

Time Traveler
The first known use of prospectus was in 1765

Dictionary Entries Near prospectus

Cite this Entry

“Prospectus.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prospectus. Accessed 8 Oct. 2024.

Kids Definition

prospectus

noun
pro·​spec·​tus prə-ˈspek-təs How to pronounce prospectus (audio)
prä-
plural prospectuses
: a printed statement that describes something (as a new business) and is sent out to people who may want to take part (as by investing)

Legal Definition

prospectus

noun
pro·​spec·​tus prə-ˈspek-təs How to pronounce prospectus (audio)
plural prospectuses
-tə-səz
: a preliminary printed statement describing a business or other enterprise and distributed to prospective buyers, investors, or participants
specifically : a description of a new security issue supplied to prospective purchasers and providing a disclosure of detailed information concerning the company's business and financial standing

Note: Under the Securities Act of 1933, the prospectus is part of the registration statement that must be filed with the Securities and Exchange Commission before a security may be offered or sold to the public. The Securities Act defines prospectus broadly as “any prospectus, notice, circular, advertisement, letter, or communication, written or by radio or television, which offers any security for sale or confirms the sale of any security.”

More from Merriam-Webster on prospectus

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