The detailed document that describes the security offering, which is required by the Securities and Exchange Commission for all public offerings is best described as an offering memorandum.

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The document is best described as a prospectus. The prospectus is required by the Securities and Exchange Commission for all public offerings and provides detailed information about the security being offered. An offering memorandum is more commonly associated with private placements and does not have the same regulatory requirements as a prospectus.

The Detailed Document That Describes the Security Offering, Which Is