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PROSPECTUS (Lat. for view, look-out, prospect, from prospiccre, to look forward), a written or printed preliminary announcement of some undertaking, giving the scheme or plan, the principal features, etc. In law, the term is specifically applied to the invitation issued to the public by a company to subscribe for shares in the enterprise for which the company is formed (see COMPANY).

Note - this article incorporates content from Encyclopaedia Britannica, Eleventh Edition, (1910-1911)

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