Meaning of “initial public offering” in the English Dictionary

business-english dictionary

"initial public offering" in Business English

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initial public offeringnoun [ C usually singular ]

uk us 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.

(Definition of “initial public offering” from the Cambridge Business English Dictionary © Cambridge University Press)