Financial Management - Chapter 14

Public Offering – Firm issues securities, which are made available to both individual and institutional investors. • Private Placement – Securities are offered and sold to a limited number of investors. Primary Market –Market in which new issues of a security are sold to initial Public Offering – Firm issues securities, which are made available to both individual and institutional investors. • Private Placement – Securities are offered and sold to a limited number of investors. Primary Market –Market in which new issues of a security are sold to initial buyers. • Secondary Market –Market in which previously issued securities are traded. more