A document published by a company or corporation , or by persons acting as its agents or assignees, setting forth the nature and objects of an issue of shares, debentures, or other securities created by the company or corporation, and in- viting the public to subscribe to the issue. A prospectus is also usually published on the issue, in England, of bonds or other securities by a foreign state or corporation. Sweet. Ill the civil law. Prospect; the view of external objects. Dig. 8, 2, 3, 15.