Prospectus can refer to documents aimed at getting investors interested in a company. The startup's prospectus highlighted its growth potential to attract investors.
Pro Tip 2/3
Details Matter
A prospectus should include key information like financial data or academic offerings. The college prospectus provided a detailed list of all available scholarships.
Pro Tip 3/3
Not a Contract
A prospectus isn't legally binding but informs about possibilities and intentions. Although the company prospectus was promising, it was not a guarantee of profit.