shelf security

Definition of "shelf security"
  1. A type of corporate financial instrument that is kept on hold for future issuance under a shelf registration statement
How to use "shelf security" in a sentence
  1. The company decided to file for a shelf security to streamline their fundraising efforts.
  2. Since the shelf security was already registered, the company was able to issue it quickly when they needed funds.
  3. The shelf security provided flexibility to the corporation, allowing them to issue new securities without completing another registration process.

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