Definition of For the coming out

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TeachMeFinance.com - explain For the coming out




historic definition...

For the coming out -- London Stock Exchange term for a bargain (contract) in shares or stock which have been authorized but not yet issued. The certificates are to be delivered when issued and payment is then to be made for them. In the New York stock market such a contract is designated as "when issued," meaning that the certificates are to be delivered when issued, and are then to be paid for.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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