Law Dictionary

issuer

A legal entity that develops, registers and sells securities for the purpose of financing its operations. Issuers may be domestic or foreign governments, corporations or investment trusts. Issuers are responsible for reporting financial conditions, material developments and any other operational activities as required by the regulations of their jurisdictions. Issuers must pay dividends and distributions if declared or interest to lenders and follow the terms of their contractual obligations with their investors. The types of securities that can be issued include common and preferred stocks, bonds, notes, debentures, bills and derivatives.

Source : LawyerIntl.com

Language : English

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