Legal Definition of When Issued
Meaning of When Issued
A short form of &when, as and if issued.& The term indicates a conditional transaction in a security authorized for issuance but not as yet actually issued. All &when issued& transactions are on an &if& basis, to be settled if and when the actual security is issued and the exchange or National Association of Securities Dealers rules the transactions are to be settled.
Related Entries of When Issued in the Encyclopedia of Law Project
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When Issued in Historical Law
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Legal Abbreviations and Acronyms
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