from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The sale of a new securities issue to the public, usually by way of an underwriter.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun US, business The first
offeringto members of the publicof stockin a company, normally followed by a listingof that stock on a stock exchange.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a corporation's first offer to sell stock to the public
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