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Meaning of “initial public offering” in the 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 ​companyraised $90 million in its ​initialpublicoffering. It ​closed at $100.34, up from the initialpublicofferingprice of $85. an initialpublicoffering of ​shares/​stock
(Definition of initial public offering from the Cambridge Business English Dictionary © Cambridge University Press)
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