The _________ details financial information about the company issuing a bond and this document is required by various provincial Security Commissions for distribution to potential investors.

Question

Quizplus · Accepted Answer

A prospectus is a legal document providing detailed information about a financial security such as a bond, including financial information about the issuer. It is required by provincial security commissions to be distributed to potential investors. A debenture is a type of bond and an indenture is a legal agreement outlining the terms and conditions of the bond, but neither of these specifically refers to the document required by security commissions. A summary sheet and a trust report do not provide the level of detail required in a prospectus.

The _________ Details Financial Information About the Company Issuing a Bond