Issue, v. To send forth; to emit; to promulgate; as, an officer issues orders, process issues from a court. To send out, to send out officially; to delivery, for use, or authoritatively; to go forth as authoritative or binding. When used with reference to writs, process, and the like the term is ordinarily construed as importing delivery to the proper persons, or to the proper officer for service, etc. With respect to securities, refers to act or process of offering stocks or bonds for sale to public or institutional investors.
In financial parlance the term "issue" seems to have two phases of meaning. "Date of issue" when applied to notes, bonds, etc., of a series, usually means the arbitrary date fixed as the beginning of the term for which they run, without reference to the precise time when convenience or the state of the market may permit of their sale or delivery. When the securities are delivered to the purchaser, they will be "issued" to him, which is the other meaning of the term.
In commercial law, means the first delivery of an instrument to a holder or remitter. U.C.C. § 1-102(1)(a).
Black´s*Law*Dictionary, 5th Edition, 1979, p. 745.