How To Define Greensheet?
The definition of Greensheet is: Green sheets are documents prepared by insurance companies that summarize the main components of a new issue or initial public offering (IPO). This content is for internal use only and is used as a marketing tool to attract potential investors and institutional brokers.
- A green sheet is a document created by a client to summarize a new issue or the basic components of an initial public offering (IPO).
- It is distributed to the company's brokers and insurance sales offices to determine which customers may be interested in becoming the largest buyer.
- The document usually includes a new number of professional ideas as well as a brief description of the actual price.