Outrageously Funny Word Dictionary :: Prefinancial

👉 The term "prefinancial" refers to a type of financial instrument that is used before it is formally traded on an exchange or market. Prefinancials are often used in the context of stocks, bonds, and other investment instruments where they represent the initial purchase price of the underlying asset. Prefinancials are typically issued by issuers as part of their public offering process to raise capital for their business. They can be used as a way to hedge risks or speculate on the future performance of an investment

prefinancial