Definition of when-issued in English:
adjectiveFinance , chiefly US
Of or relating to trading in securities that have not yet been issued.
- 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.
Definition of when-issued in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.