private placement

American  

noun

Finance.

1. a sale of an issue of securities by the issuing company directly to a limited number of investors, often only one or two large institutional investors, such as a bank or an insurance company (opposed to public offering): required to be cleared but not registered with the Securities and Exchange Commission.

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Example Sentences

The public has until Tuesday to weigh in on a proposal that would require replacement tires sold in California be as energy-efficient as the average new care tire by 2031.

From Los Angeles Times • Jun. 13, 2026

Its aging facilities, originally built between the 1930s and ’50s, require replacement rather than the periodic updates they’ve received.

From The Wall Street Journal • May 12, 2026

They were told the smell was methane gas leaking out of “aging plumbing” with sewage pipes that routinely crack and require replacement.

From Washington Times • Sep. 19, 2023

These pipes will almost always be in poor shape and require replacement.

From Seattle Times • Mar. 17, 2022

The lead carries electrical signals to correct slow or irregular heartbeats, but they can require replacement due to broken or dislodged wires.

From BBC • Jun. 9, 2014