Issuable
Issuable refers to something that can be officially provided, distributed, or put into circulation, typically documents, securities, or currency. This implies that the item meets certain criteria or standards, and has received necessary authorizations. It signifies readiness for release and use. The term often appears in legal, financial, and governmental contexts, highlighting the formal permission to make something available. The process of something becoming issuable usually involves approval, verification, and sometimes, the fulfillment of specific prerequisites. Whether it's a permit, a bond, or a license, an issuable item has passed the stages to make it legitimate for use.
Issuable meaning with examples
- The planning department determined the building permit was issuable after the final inspection. All outstanding requirements had been met, including the fire marshal's approval. The contractor received notification that construction could commence. This clearance ensured the project complied with local building regulations, marking a critical step in the construction process. The green light indicated approval for the project.
- Following a rigorous audit, the bank declared new shares issuable to investors. The legal team confirmed all registration requirements were satisfied. The offering of stock on the market was now authorized. This announcement would allow the corporation to raise capital. These financial instruments needed to conform to Securities and Exchange Commission regulations to be traded.
- The government announced that new passports were immediately issuable to citizens. New security features ensured against fraud. The bureaucratic process was streamlined for improved efficiency. The public could apply for the documents. This development enhanced international travel and validated citizens' identification, ensuring safe passage around the world.
- The court decided that the warrant was issuable based on sufficient probable cause presented by the police. The judge signed off on it, which authorized the search of a suspect's property. The police were then able to execute their investigation and gather evidence, and it was deemed valid under the law. This issuance of the document was therefore constitutionally sound.