investment letter — A letter of intent between the issuer of new securities and the buyer, in the private placement of these new securities. The letter of intent establishes that the securities are being bought for a minimum time period and are treated as an… … Financial and business terms
investment letter — noun a letter of intent saying that a letter security is being bought for investment and not for resale; avoids need for SEC registration • Hypernyms: ↑letter of intent … Useful english dictionary
investment letter stock — noun : letter stock herein … Useful english dictionary
Letter Security — A security that is not registered with the SEC, and therefore cannot be sold publicly in the marketplace. Letter securities are sold directly by the issuer to the investor. The term is derived from the SEC requirement for an investment letter… … Investment dictionary
letter stock — Stock that bears a restrictive legend on the certificate that limits the owner s ability to sell. All letter stock is restricted stock. American Banker Glossary Privately placed common stock, so called because the SEC requires a letter from the… … Financial and business terms
Letter stock — Privately placed common stock, so called because the SEC requires a letter from the purchaser stating that the stock is not intended for resale. The New York Times Financial Glossary * * * A US privately issued security, which is not… … Financial and business terms
letter of intent — noun any letter expressing an intention to take (or forgo) some action • Hypernyms: ↑letter, ↑missive • Hyponyms: ↑investment letter … Useful english dictionary
Letter to Chesterfield — The Letter to Chesterfield (February 1755) was Samuel Johnson s response to what some believed to be Lord Chesterfield s opportunistic endorsement of his A Dictionary of the English Language . Although Chesterfield was patron of the Proposal for… … Wikipedia
letter stock — noun stock that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public • Hypernyms: ↑letter security * * * noun Etymology: so called from the letter signed by the purchaser stating that the… … Useful english dictionary
letter stock — Stock not registered under the Securities Act of 1933, where the buyer gives the seller a letter stating the buyer intends to hold for investment purposes and does not contemplate reoffering the stock to others. Securities and Exchange Commission … Black's law dictionary
letter stock — Stock not registered under the Securities Act of 1933, where the buyer gives the seller a letter stating the buyer intends to hold for investment purposes and does not contemplate reoffering the stock to others. Securities and Exchange Commission … Black's law dictionary