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initial public offering

initial public offering

8 5.3
The first time a company sells shares to the public on the stock market
  • noun
  • /ɪˈnɪʃəl ˈpʌblɪk ˈɔfərɪŋ/
  • Specialized
translation icon : oferta pública inicial
  • This is an initial public offering to the general public in terms of the New York Stock Exchange or NASDAQ.

Investors who buy the SPAC in its initial public offering don't know what stock they're ultimately going to get.

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Examples

  • Assisted in all stages of the initial public offering of technology and clean technology companies, including drafting of S-1 and subsequent amendments thereto.

    Academic text (2009)
  • Facebook's stock slid after its initial public offering of $38 on May 18, closing at $32 on Wednesday.

    Blog text (1)
  • My company just held an initial public offering.

    Fiction book (2000)
  • Its shares have dropped 43 percent since the initial public offering price of $38.

    Blog text (9)
  • Mr. Balloun has been a member of the board since the initial public offering in June 2009.

    Blog text (26)
  • Netscape Communications just recently had the largest and most successful initial public offering in the history of the U.S. stock market.

    Academic text (1995)
  • Most of that expense in last year's quarter was related to the initial public offering and was a one-time expense.

    Blog text (13)
  • Investors who jumped into Facebook when it debuted via its initial public offering (IPO) in May have been burned.

    Blog text (14)
  • The year also saw the largest number of acquisitions of venture-backed companies since 1985, and the number of initial public offerings last year was the highest since 2007.

    Academic text (2011)
  • The company has announced its initial public offering, allowing investors to purchase shares for the first time.

Synonyms

debut
vsinitial public offering
205 4.9

A first public appearance by a person or thing

is limited to a company's first sale of shares on the stock market
IPO
vsinitial public offering
53 4.1

An event when a company sells shares to the public for the first time

is the full formal phrase rather than the short abbreviation
initial offering
vsinitial public offering
  • Specialized
1 6.7

A company's first sale of shares to the public on a stock market

is the standard formal name used for that same first sale
flotation
vsinitial public offering
  • Specialized
1 7.5

Raising money for a company by selling shares to the public

describes the specific first public sale of shares on a stock exchange
floatation
vsinitial public offering
  • UK
7.8

Selling a company's shares or bonds to the public for the first time

focuses specifically on selling company shares on the stock market rather than broad financing

Surface Forms

Morphology

initial + public + offering

The phrase literally combines 'initial' (first) + 'public' (to the public) + 'offering' (something put up for sale), so a B1 learner who knows the words can infer it means a first thing offered to the public. However, the specialized financial sense — that this specifically refers to a company selling shares on the stock market — is domain-specific and not fully predictable from the constituents alone, making the expression only partially transparent.

Etymology

Initial public offering uses a clear image: a company selling pieces of itself for the first time. The words initial, public, and offering mean 'first', 'open to everyone', and 'a sale', so the phrase refers to the 'first time' a company sells its shares 'to the public' on the stock market.