Search Results for: RED HERRING

red herring

red herring. 1. An irrelevant legal or factual issue, usu. intended to distract or mislead (law students should avoid discussing the red herrings that professors raise in exams). 2. See preliminary prospectus under PROSPECTUS.

red herring Read More »

prospectus

prospectus (pr[schwa]-spek-t[schwa]s). A printed document that describes the main features of an enterprise (esp. a corporation’s business) and that is distributed to prospective buyers or investors; esp., a written description of a securities offering. • Under SEC regulations, a publicly traded corporation must provide a prospectus before offering to sell stock in the corporation. Pl.

prospectus Read More »

corody

corody (kor- orkahr-[schwa]-dee). Hist. An allowance of money, accommodation, food, or clothing given by a religious house to any person who signed over personal or real property or both in exchange or to a royal servant at the Crown’s request. • The amount of property required from a person who purchased a corody depended on

corody Read More »

Scroll to Top