Explain the meaning of Prospectus. - Vidyadip

Question

Explain the meaning of Prospectus.

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Answer

Meaning: - Advertisement in simple language means advertisement. An advertisement is a document that invites the public to raise money through share capital or debentures or other securities.
Definition: "Any document that invites the public to purchase its shares or debentures or other securities, whether presented or issued as an advertisement, including a notice, circular, advertisement or other type of document."

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