A public offering is the sale of a new security issue-typically debt or preferred stock-directly to an investor or group of investors.

Name: A public offering is the sale of a new security issue-typically debt or preferred stock-directly to an investor or group of investors.
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A public offering refers to the sale of securities to the general public, typically through a stock exchange, and not directly to a specific investor or group of investors.

A Public Offering Is the Sale of a New Security