Word of the Day:
prospectus
What It Means
A document, distributed to prospective members, investors, buyers, or participants, which describes an institution (such as a university), a publication, or a business and what it has to offer.
A document which describes a proposed endeavor (venture, undertaking), such as a literary work (which one proposes to write).
A booklet or other document giving details of a share offer for the benefit of investors.
Prospectus in Context
“Just in case, Oatly’s prospectus gives it the option of listing in Hong Kong if the foreign ownership becomes a problem in the United States.”
Did You Know?
From French prospectus (“a prospectus”), borrowed from Latin prospectus. Doublet of prospect and prospekt.
Source and license
Adapted from Wiktionary: prospectus (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws chose the word and reformatted its meaning, examples and origin.
Cite this entry: “prospectus.” Word.ws, https://word.ws/prospectus. Based on Wiktionary, CC BY-SA 4.0.
