investment letter
A letter of intent between the purchaser and the issuer of new securities that…A letter of intent between the purchaser and the issuer of new securities that establishes the securities are being purchased for investment and not for resale.
Meaning
1 sensesA letter of intent between the purchaser and the issuer of new securities that establishes the securities are being purchased for investment and not for resale.
a letter of intent saying that a letter security is being bought for investment and not for resale; avoids need for SEC registration
Forms
plural: investment letters| Singular | investment letter |
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| Plural | investment letters |
regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.