Word: pink sheet Part of Speech: noun Etymology: From the pink paper OTC Markets Group printed listings on, motivating her former company naming, and pink paper seen in House Committee on Ethics memos. 1. Used other than figuratively or idiomatically: see pink, sheet. 2. An asset traded at an exchange under limited reporting requirements. Example: Hughes stock was not listed on a national exchange or quoted on the National Association Securities Dealers (NASD) automated quotation system (NASDAQ). Instead, the stock was listed in the “pink sheets.”¹² Individual investors rarely have access to the pink sheets and the information in the pink sheets is not very helpful. The pink sheets contain the names of broker-dealer firms making a market in the stock. Most firms are listed in name only and do not provide bid and ask quotations. Those broker-dealer firms entering quotations are not obligated to execute trades at those prices. In addition, the pink sheets do not reveal when the last trade of the stock occurred, what the stock's trading volume was, or whether the price of any stock sold approximated any quote listed in the pink sheets. 12. The National Daily Quotation Service “pink sheets” contain lists of market-makers and occasionally suggested prices for various securities. They are printed on pink newsprint and distributed to broker-dealers daily by the National Quotation Bureau. reau, Inc. The NASD is currently operating, on a pilot-program basis, an automated quotations system called the OTC Bulletin Board Service. […] 3. A memo within an authority containing obiter dicta or somehow avoided statements. Labels: US Example: I have learned much during the last month concerning the "Familiant Laws" that were enacted in Bavaria in the Eighteenth Century and lasted until the year 1861. I received my information through the help of my sister, Claire Freedman, who found the information in the Leo Baeck Institute in New York City. These laws are all listed in the book, "Die Juden in Bayern im Wandel der Zeiten." (The Jews in Bavaria down through the times) This has explained to me the reason for the permit that Feifer Gutmann was waiting for in order to get married and other things now found on the pink sheets. Example: Perhaps even more interesting in the Lynch A7 dialog is the schema behind the question the librarian asks after repeating something the patron says on the phone: “Pink sheets? I'm not aware of anything that's called pink sheets.” She does not ask, “What is a pink sheet?” but “What do they do?” She asks about the function of the pink sheets. Whatever the patron has said (this is a transcription of a phone call, and the patron's words were not recorded), he has not explained what the pink sheets are. The librarian has a schema for forms that includes a slot for the term sheets as an alternate designation, and may even have a slot for the word pink, as in pink slips (which perform the function of informing people that they are fired). 4. A memo within an authority containing obiter dicta or somehow avoided statements. Labels: US Example: House Ethics has now set a new standard for the Holiday Guidance pink sheet. Maybe next year in haiku? Example: So the Committee has issued this pink sheet (so pretty!) And laid down the rules, down to the nifty gritty. The Committee dug deep, and it thought really hard, Before issuing its guidance (with the help of its bard).