Offering Circular

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DEFINITION of 'Offering Circular'

An abbreviated prospectus for a new security listing. Delivered to individuals and brokerage houses, these documents are issued to arouse interest in the new issue.

INVESTOPEDIA EXPLAINS 'Offering Circular'

An offering circular allows investors to access information regarding a new issue. It provides them with the important highlights without having them actually read the long-form prospectus. After the investor becomes interested, it is crucial that they read the final prospectus in order to view all the details that may have been left out of the offering circular.

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