preliminary prospectus
- noun
- /prɪˈlɪməˌnɛri prəˈspɛktəs/
- Specialized
:
prospecto preliminar
- And the exposition board of directors echoed these sentiments in their preliminary prospectus.
Examples
-
According to the preliminary prospectus, proceeds will be used for general corporate purposes, including research and development.
-
United States Marine Repair has filed a preliminary prospectus with the Securities and Exchange Commission for an initial public offering.
-
The company's preliminary prospectus indicates that it has not had a history of profitable operations, but expects this to change.
Synonyms
1
3.4
A first written version that will be changed before the final one
A first version of a company's investor document before final details are set
How Final
- Formal
11
8.3
- Specialized
- Specialized
245
3.7
817
2.9
Surface Forms
Morphology
The phrase combines 'preliminary' (introductory/initial) with 'prospectus' (a document describing a securities offering), so its meaning — an initial draft or early version of a prospectus — is directly derivable from the constituents. This adjectival + noun composition is straightforward and cross-linguistically common, so a B1 learner who knows both words should understand the MWE.
Etymology
Preliminary prospectus puts together preliminary meaning 'first' or 'early' and prospectus meaning 'a paper that gives information to investors'. Imagine a paper stamped 'draft' that a company gives to people before the final version; that's why it means 'a first draft of a prospectus' that 'may change'.