WordValenoun
IPO
a company's first sale of shares to the public
In more detail
1. (noun) the first time a company's shares are sold to the public on the stock market
2. (noun) the shares themselves that are offered in this first public sale
Examples
- 1. The tech startup had a successful IPO last year, raising millions of dollars.
- 2. Investors rushed to buy shares in the IPO on the first day of trading.
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