Prospectus vs Proposal - What's the difference?
prospectus | proposal |
A document, distributed to prospective members, investors, buyers or a business and what it has to offer.
A document which describes a proposed endeavor (venture, undertaking), such as a literary work (which one proposes to write).
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That which is proposed, or propounded for consideration or acceptance; a scheme or design; terms or conditions proposed; offer; as, to make proposals for a treaty of peace; to offer proposals for erecting a building; to make proposals of marriage.
(legal) The offer by a party of what he has in view as to an intended business transaction, which, with acceptance, constitutes a contract.
