Legal Definitions - placement

Definition: Placement refers to two different things:

1. The act of selling new securities or arranging a loan or mortgage.
2. 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.