Definition of when-issued in English:

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when-issued

Pronunciation: /ˌ(h)wenˈiSH(y)o͞od/

adjective

Finance , chiefly US
Relating to trading in securities that have not yet been issued.
Example sentences
  • Alternatively, the agency could let exchanges set prices by trading new-company shares before an IPO in a so-called ‘when-issued’ market.
  • All when-issued transactions are on a conditional basis until the security is delivered and bought.
  • We also find evidence of temporary price pressures on the date of execution of the spinoff of the subsidiary firms that bear resemblance to the pricing in the when-issued market.

For editors and proofreaders

Syllabification: when-is·sued

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