For the coming out. London Stock Exchange term for a bargain (contract) in shares or stock
which have been authorized but not yet issued. The certificates are to be delivered when issued
and payment is then to be made for them. In the New York stock market such a contract is
designated as "when issued," meaning that the certificates are to be delivered when issued, and
are then to be paid for.
which have been authorized but not yet issued. The certificates are to be delivered when issued
and payment is then to be made for them. In the New York stock market such a contract is
designated as "when issued," meaning that the certificates are to be delivered when issued, and
are then to be paid for.
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