Examlex
Fire- resistance rating of building assemblies is generally obtained from fire tests, not through calculations.
Spread
The difference between two prices, yields, or interest rates, commonly used in financial markets to measure the gap between bid and ask prices.
Public Issue
The creation and sale of securities on public markets.
Rights Offer
An invitation to existing shareholders to purchase additional shares in the company at a discounted price, usually to raise capital.
Preemptive Right
The right of existing shareholders to purchase additional shares before the company offers them to the public, to maintain their proportionate ownership.
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