Glossary

Offering price

Price that investors pay to an issuer or an investment company when purchasing newly issued stocks or bonds, or when acquiring shares in an investment fund.

The offering price of an investment fund, for example, is typically calculated on a daily basis by the investment company on the basis of the fund's net asset value (NAT). Investors who purchase shares in the fund are often required to pay a fee ("load") in addition to the offering price.