prospectuslessadj.
/prəˈspɛktəsləs/, U.S. /prəˈspɛktəsləs/ Of a company or its shares: for which no prospectus has been issued. Now rare.
ΘΚΠ
society > occupation and work > business affairs > a business or company > [adjective] > other types of company
capitalless1837
merged1839
multinational1854
co-op1872
acquiring1880
syndicated1889
trustified1890
bottom-heavy1895
prospectusless1898
wholly-owned1906
semi-pro1908
not-for-profit1913
blue chip1924
mature1928
geared1930
liquid1930
footloose1939
monoline1958
boutique1968
greenfield1969
me-too1976
semi-professional1976
demerged1980
unbundled1980
multidomestic1982
unorganized1986
1898 Westm. Gaz. 26 Oct. 8/1 It is a lesson to those who deal in prospectusless shares... We said we should not buy the shares until some official prospectus has been issued.
1898 Westm. Gaz. 11 Nov. 8/1 It is not a sound business principle to buy the shares of a prospectusless company.
1907 Sat. Rev. 20 Apr. 486/1 We are by no means opposed to prospectusless companies, thinking that when the public are not asked to subscribe, there is no reason why the public should be informed of the details of other people's business.
1928 Daily Mail 9 Aug. 18/1 A good deal of interest has been aroused..by our references yesterday to statements published by prospectusless companies.
This entry has been updated (OED Third Edition, June 2007; most recently modified version published online March 2022).
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adj.1898