Official Statement
Barron's Banking Dictionary:
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Official Statement
Financial disclosure by a state or local government planning a municipal securities offering that states the purpose for the issue and how investors will be repaid. The official statement also discloses pertinent information on the issuer's financial condition. Compare with Prospectus.
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Barron's Banking Dictionary
Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.
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