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Preferred term

initial public offering  

Definition

  • An initial public offer or offering (IPO) occurs when a company issues common stock to the general investing public for the first time. An IPO is a pivotal event, because it provides the first opportunity for a stock market to react to the publicly available information about a company's competitive strategies. [Source: Encyclopedia of New Venture Management; Initial Public Offering]

Entry terms

  • public flotation

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/initial_public_offering

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