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English definition of “initial public offering”

initial public offering

noun [C usually singular]
( abbreviation IPO, also initial public offer) FINANCE, STOCK MARKET
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 from the Cambridge Business English Dictionary © Cambridge University Press)
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