Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
placement
Read a random definition: good deed
A quick definition of placement:
Placement: Placement refers to two different things. Firstly, it can mean the process of selling new stocks or arranging loans or mortgages. Secondly, it can mean finding a job for someone, which is often done by an employment agency.
A more thorough explanation:
Definition: Placement refers to two different things:
- The act of selling new securities or arranging a loan or mortgage.
- The act of finding a job for someone, usually done by an employment agency.
Examples:
- When a company wants to raise money by issuing new stocks or bonds, they may hire an investment bank to handle the placement of those securities with investors.
- John was having a hard time finding a job, so he went to a placement agency for help. The agency helped him update his resume and found several job openings that matched his skills and experience.
The first example illustrates the first definition of placement, which involves the sale of securities or arranging a loan or mortgage. The second example illustrates the second definition of placement, which involves finding employment for someone through an employment agency.