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Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)

As a verb, to give out, emit, pass for delivery, or distribute.  A government issues currency, bonds, etc.; a bank issues notes, cashier's checks, money orders, letters of credit, etc.; a corporation issues checks, notes, bonds, stocks, etc.

As a noun, in underwriting and investment finance, a new flotation of securities placed on the market for distribution to the investing public.

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