Definition - What does Advertisement mean?

Any material that is distributed by a broker dealer or issuer for the purpose of increasing business or public awareness for the firm or issuer. The broker dealer or issuer must distribute advertisements to an audience that is not controlled.

Advertisements are distributed through any of the following:

  • Newspapers / Magazines
  • Radio
  • TV
  • Billboards
  • Telephones

Testopedia explains Advertisement

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