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Offer |
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OfferIn the stock market, offer means that a seller is willing to sell a share at a given price.In contract law, an offer is one half of the contract equation, the other being 'acceptance'. Once an offer is accepted, whether verbally or in writing, both buyer and seller are bound by an agreement, provided that 'consideration' has been provided. Contracts for the sale of land have to be in writing.OfferIndicates a willingness to sell at a given price. Related: Bid.Offer Similar MatchesSecondary OfferingSecondary OfferingAn IPO in which privately held shares in a corporation are sold to the public. London Inter Bank Offered RateLondon Inter Bank Offered RateThe rate of interest at which banks lend money to each other - in a sense, the wholesale price of cash rather than the retail price (which is what individuals pay if they want to borrow money).The base rate which banks charge to their retail customers changes in response to changes made by the Bank of England to the Official Rate. LIBOR, on the other hand, changes continuously to reflect supply and demand within the cash and currency markets. Public offering pricePublic offering priceThe price of a new issue of issue at the time that the issue is offered to the public. Offer for saleOffer for saleOne of the ways a company can float its shares on a stock exchange is to issue a prospectus announcing its intention to issue new shares, set a price for them, and invite the public to apply for them at the advertised price. The alternative route is to issue shares and 'place' them in the hands of a number of institutions who then release them on to the secondary market.Placing is much cheaper for companies than an offer for sale and, since the London Stock Exchange scrapped its rule requiring large flotations to include an offer to the public, companies have increasingly come to market by way of placing. This can be frustrating for private investors who can only buy the shares in the ' secondary' market (i.e. post-new issue trading) and feel they are denied the opportunities that institutions get. Dual syndicate equity offeringDual syndicate equity offeringAn international equity placement that splits the offering is split into two branches - domestic and foreign - and each grantee is handled by a separate lead manager. Further Suggestionstender offerInelastic offer curve offer price Rights Offering bid/offer spread open offer Offer price Underwritten offering Self tender offer Cash offer Offer wanted Exchange offer Registered secondary offering Creeping tender offer Targeted registered offerings public offering Offering memorandum electronic public offering Godfather offer Public securities offering Asked to bid or offer Offering statement Blank check offering Secondary distribution or offering Reoffering yield |
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