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PROSPECTUS (Lat. for view, look-out, prospect, from prospicere, to look forward)
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PROSPECTUS (Lat. for view, look-out, prospect, from prospicere, to look forward), a written or printed preliminary announcement of some undertaking, giving the scheme or plan, the principal features, &c. In law, the term is specifically applied to the invitation issued to the public by a company to subscribe for shares in the enterprise for which the company is formed (see COMPANY).