initial public offering

initial public offering
The first set of shares a new company sells on a public stock exchange, usually in an effort to raise money from investors in order to enlarge the company.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

initial public offering
Initial Public Offering (IPO)
The process by which a company obtains a first listing for its securities on an investment exchange and offers securities to the public for the first time.
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+ Initial Public Offering (IPO)
This term refers to a registered offering of shares of a private company's capital stock. The shares are being offered to the public for the first time. The shares are registered on a registration statement filed with the SEC.
See Practice Note, Preparing a Company For an Initial Public Offering (

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.