Advertisement listing the underwriters to a security issue. The New York Times Financial Glossary
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informal FINANCE MARKETING an advertisement in a newspaper that lists the banks that are taking part in a share or bond issue:
• The company reserves the right to publish a tombstone recording the completed transaction.
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A public notice such as a newspaper advertisement announcing the details of a new issue including the names of investment and finance houses who have organized and provided the funds. A tombstone appears as a matter of record and is not an invitation to subscribe. The layout and list of names resembles the inscription on a tombstone. (Figure 15.)
► See also Bulge Bracket.
Financial and business terms. 2012.