anticipated stock的意思|示意

Anticipated stock (AS) is a type of stock with a specific expiration date that is set prior to its issuance. Generally, the expiration date is predetermined by the issuing company and is specified in the company’s prospectus. Typically, AS is used in initial public offerings (IPOs) and other equity offerings.

Anticipated stock offers investors a way to invest in a company with a pre-determined expiration date. This means that investors do not need to keep track of the stock's performance, as they know that they will receive a return of capital at the end of the pre-determined expiration date. This type of stock also provides investors with a way to spread risk and diversify their portfolio, since the expiration date is known and the risk associated with the stock is fixed.

In most cases, the anticipated stock price is set at the time of the offering and remains fixed until the expiration date. At the end of the pre-determined expiration date, investors can redeem the stock for the original purchase price, plus any appreciation or dividends earned over the course of the stock’s term.

In recent years, the prevalence of anticipated stock has declined due to the emergence of other options, such as exchange-traded funds (ETFs) and index funds. ETFs provide investors with a greater level of diversification, while index funds are more cost effective. Nonetheless, anticipated stock remains a viable option for investors looking for a pre-determined expiration date and a fixed rate of return.