The Europeans in the 16th century used the term <u>"New World"</u> to describe the land "discovered" between Europe and Asia. Amerigo Vespucci coined the term "New World" or "Mundus Novus" in latin, Vespucci had the hypothesis that the lands discovered by Christopher Columbus to the west were not the edges of Asia, but a completely different continent, which he called "New World".
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Prospectus
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As part of the registration process for a new security issue, the issuer must prepare a prospectus.
A prospectus serves the purpose of helping investors make more informed investment decisions
It is a formal document required by and must be filed with the Securities and Exchange Commission (SEC) providing all relevant details about an investment offering for sale to the public. A prospectus is filed for the stock, bond, and mutual fund offerings.
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