SEC Form N-23c-3


DEFINITION of 'SEC Form N-23c-3'

A filing with the Securities and Exchange Commission (SEC) that must be submitted by registered closed-end investment companies or business development companies that make repurchase offers pursuant to Rule 23c-3. On the SEC Form N-23c-3, the company must select whether the notification pertains to a periodic repurchase offer, a discretionary repurchase offer or both.


SEC Form N-23c-3 is also known as "Notification of Repurchase Offer." It is required under the Investment Company Act of 1940 and is used to ensure that investment companies provide basic information necessary for the SEC to process filed notifications to shareholders and to monitor companies' use of repurchase offers.

  1. Security

    A financial instrument that represents an ownership position ...
  2. Investment Company Act Of 1940

    Created in 1940 through an act of Congress, this piece of legislation ...
  3. Shareholder

    Any person, company or other institution that owns at least one ...
  4. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  5. Closed-End Fund

    A closed-end fund is a publicly traded investment company that ...
  6. Business Development Company - ...

    A company that is created to help grow small companies in the ...
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