Write in brief the meaning of prospectus

Write in brief the meaning of prospectus.

A prospectus is a document issued by a public limited company to the public inviting to purchase shares or debentures. It is issued mainly with a view to encourage perspective investors to invest in the company. It provides information about introduction, objectives and management of the company. It is also discloses the capital structure of company.It also provides information of term and modes of payment, issue of shares etc.

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