When securities are sold directly to a small group of investors is termed:

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When securities are sold directly to a small group of investors, it is called a private placement. This is different from a public issue, where securities are offered to a wide range of investors, and a general issue, which refers to securities that are continuously available for purchase. A floating issue simply refers to securities that are traded on a secondary market, with no specific amount or price.

When Securities Are Sold Directly to a Small Group of Investors