presold

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Related to presell: presale

Pre-Sold Issue

An issue of a security, especially a bond, that is completely placed with investors before it is actually issued and before all relevant details, notably the price, are announced. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. Pre-sold issues occur almost exclusively with municipal and other government bonds, mainly because most other issues must register all their details with the SEC before they are allowed to place them. See also: Subscribed.

presold

Of, relating to, or being a new security issue that is sold out before all the specifics of the issue have been announced. In the case of a bond issue, this term usually means that sufficient orders for the issue have been placed before announcement of the coupon rate(s).
References in periodicals archive ?
Whether there's demand for such units and whether the trio will be able to presell them remains to be seen.
So while our lenders also require preselling," Erickson continues, "the difference in our case is if we presell 70 percent of one building, they'll advance us money for the next one--as long as we keep new applicants signing up.
QVC gets instant product recognition, and that helps presell," he adds.
There is a huge need to presell this type of merchandise," says store manager Dawn Longacre.
com pact gives the Amazon Kitchen store exclusive rights to presell Progressive's new line of SilverStone products a full month before consumers can buy them at brick-and-mortar stores.
When possible, Ross tries to presell a development so that the homes can be designed to buyers' specific needs, such as three-car garages, downstairs bedrooms or retreats built into the master bedroom.
In today's increasingly self-service-oriented store environment, filling consumers' heads with as much product information as possible before they even walk into the store goes a long way toward helping presell them.
Gum Tech's Zinc Gum, Chew and Sooth, is receiving an excellent reception as presell begins for the fall season.
And the retailer continues to presell the operating system "unless something happens," said a spokesperson for the chain.
Our agreement with Hooper's allows us to presell existing and new accounts, and in the last month we have received enthusiastic receptions from virtually everyone who carried the product in the past," said Doty.
It's been a long time since we've had enough faith in a title to back it with a full presell program, banners, point-of-purchase displays and more.
and Babbage's began taking DOOM 64 presell orders from gamers.