initial offering
1
6.7
- noun
- Specialized
:
oferta inicial
- Typically, companies trigger public company status through an initial offering of shares, with simultaneous listing of those shares on an exchange.
- initial offering price
- shares in an initial offering
- money in the initial offering
Examples
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An initial offering by Corliss Bros. and Co. was named the 'Vassar' after a style worn at the college.
Academic text (2018) -
GM rose as high as $35.99 before closing at 3.6 percent above the initial offering price in New York Stock Exchange composite trading yesterday.
Blog text (29) -
The reporting requirement does not terminate for issuers after the initial offering.
Academic text (2017) -
It will need a lot more capital than the $226 million that it raised during its initial offering to produce cars at scale and make money.
Blog text (34) -
The stock closed 23 cents above its initial offering price, at $38.23.
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SciQuest planned to base all future charges on the stock's initial offering price.
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Since their initial offerings, shares of 11 of the companies have dropped by 15 percent or more.
Synonyms
205
4.9
A first public appearance by a person or thing
53
4.1
An event when a company sells shares to the public for the first time
8
5.3
The first time a company sells shares to the public on the stock market
1
7.5
Raising money for a company by selling shares to the public
Selling a company's shares or bonds to the public for the first time
How Strategic
Surface Forms
Morphology
The meaning is directly compositional: 'initial' = first and 'offering' = something offered for sale, so 'initial offering' straightforwardly denotes the first thing a company offers (in this context, its stock). This adjective+noun pattern is common and cross-linguistically transparent, so a B1 learner who knows both constituents can infer the basic meaning even if they may not know the technical term IPO.
Etymology
Initial offering comes from the simple picture of a company's initial, or first, offering, or sale, of shares to the public. Imagine a new shop making its very first sale — that first sale is the 'initial offering', so the phrase means the company's first public sale of stock.