| NOUN | communication | preliminary prospectus, red herring | a first draft of a prospectus |
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| Meaning | A first draft of a prospectus; must be clearly marked to indicate that parts may be changed in the final prospectus. | |
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| Example | "because some portions of the cover page are printed in red ink a preliminary prospectus is sometimes called a red herring" | |
| Synonym | red herring | |
| Broader | course catalog, course catalogue, prospectus | A catalog listing the courses offered by a college or university |
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