When a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Piggy Back Registration
The registration of a security in which an underwriter allows a new issue to be offered along with previously issued shares. A piggyback registration must occur with the permission of the relevant underwriter and be noted in the new issue's prospectus. Piggyback registration should not be confused with piggybacking, which is a different concept altogether.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The registration of a new issue and already outstanding stock of the same issuer for a single public offering. Thus, a single registration suffices for the primary and secondary offering.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.