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initial public offering

 
 
noun [C usually singular] (abbreviation IPO, also initial public offer) FINANCE, STOCK MARKET

Definition

the first sale of a company's shares to the public: The company raised $90 million in its initial public offering. It closed at $100.34, up from the initial public offering price of $85. an initial public offering of shares/stock
(Definition of initial public offering noun from the Cambridge Business English Dictionary © Cambridge University Press)

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