The sale of new securities is known as a(n):

Question

Quizplus · Accepted Answer

A primary offering refers to the sale of new securities, which can include stocks or bonds, directly to the public or to a select group of investors. This is often done by companies to raise capital for various purposes such as expanding the business or investing in new projects. The other options listed, a secondary offering, initial public offering (IPO), and shelf offering, all involve the sale of existing securities rather than new ones.

The Sale of New Securities Is Known as A(n)