from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The first offering to members of the public of stock in a company, normally followed by a listing of that stock on a stock exchange.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a corporation's first offer to sell stock to the public
Sorry, no etymologies found.
Given that this was a new enterprise, I wanted to make sure that Nazir had some equity in the company; he bought a number of shares in the initial public offering 49% of Milkpak’s capital was raised in the public offering.
Last week, the initial public offering of Pandora—the Internet radio service that recommends music based on a listener's tastes—put the company's colossal impact in the headlines: Its technology had set new standard by connecting 90 million registered users to music they barely even know they wanted.
*** Business & Finance Prada raised US$2.14 billion in its initial public offering in Hong Kong, by pricing its shares at the bottom of its guidance, in a reflection of deteriorating stock-market conditions and concerns about the Italian luxury retailer's valuation and a potential tax charge.
This week, investors will be asked to take a chance on Shanghai-based Taomee Holdings Ltd., a children's entertainment and media company that is trying to raise $79 million through an initial public offering on the New York Stock Exchange under the symbol TAOM.
BEIJING—Battery and car maker BYD Co. said Sunday it has set the price of its Shenzhen initial public offering at 18 yuan a share, in a sale that aims to raise as much as 1.42 billion yuan $219 million.