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What is a Tear Sheet?

Sheet stock reports tear
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What is a Tear Sheet?

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In the financial world, tear sheets are sheet reports that provide up to date information about the status of various types of stocks. Generally, a tear sheet will refer to page or sheet that is lifted from the Standard & Poor Stock Report. The page is commonly called a tear sheet, since at one time the page or sheet would be ripped from the binding of the report and forwarded by brokers to various clients. The origin of the tear sheet predates the modern methods of communicating with clients through electronic means. Prior to computers, it was not unusual for a broker to contact a client by phone regarding one or more public companies who were receiving high ratings from Standard & Poor in the latest edition of the stock reports. As a follow up to the phone call, the broker would often remove the pages relating to the companies from the current edition. The broker would then forward the loose pages to the client through a courier service or perhaps regular mail. In later years, the te

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A tear sheet is an original copy of the full-page where the ad appeared. The most critical aspects of it are as follows: The ad itself. The client needs to see not only that the ad adheres to the all specifics noted on the insertion order, but that the ad quality is satisfactory. For example, blurry ads may not be acceptable. The ad may not be acceptable if alterations were made. Any changes without consent of the advertiser may be grounds for nonpayment. If you spot errors or quality problems, you should notify the advertiser with suggestions for a solution (credits or make goods). The publication date. Each page should have the newspaper name, date and page number. This is checked to ensure ads ran on the proper date. The date on the page should be the date that the newspaper was distributed (and seen by the readers). Other page content. Although rare, there are times when other items on the page may affect an ad. Example: An ad is placed next to offensive material in an April Fools

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