adjectiveFinance, chiefly US
Relating to trading in securities which have not yet been issued.
More 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.
Definition of when-issued in:
- The US English dictionary