The sale by a shareholder of a block of stock some time after it has been sold by the issuing company. Usually the block is a large one, such as might be involved in the settlement of an estate. The security may be listed or unlisted. Also known as a secondary offering.

(1) the registered sale of securities, made by a selling holder of bonds or stocks. (2) the means of selling a large block of securities to investors by an earlier holder.

Public sale of previously issued securities held by large investors.

The redistribution to the public of a block of shares owned by an existing shareholder (not from the corporate treasury).

Also known as secondary offering. The redistribution of a block of stock some time after it has been sold by the issuing company. The sale is handled off the NYSE by a securities firm or group of firms and the shares are usually offered at a fixed price related to the current market price of the stock. Usually the block is a large one, such as might be involved in the settlement of an estate. The security may be listed or unlisted. (See: Investment banker, Primary distribution)

A special block procedure used for effecting executions of very large blocks of securities, outside of and without upsetting the regular market of the stock on the floor of the securities exchange

The sale of previously issued shares of a security to the public. Usually these are shares owned by large institutions or corporations, rather than by the issuer as is the case with an initial public offering. The sale is usually not handled on an exchange, but instead is handled by an investment banker or group of investment bankers. Also known as a "secondary offering". See: Initial Public Offering; Investment Banker; Secondary Market