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going public

   Also found in: Dictionary/thesaurus, Legal, Idioms, Encyclopedia, Wikipedia 0.06 sec.
Going public
When a private company first offers shares to the public market and investors. See: IPO.
going public
The process by which a privately held company sells a portion of its ownership to the general public through a stock offering. Owners generally take their firms public because they need additional large sums of equity funding that they are unable or unwilling to contribute themselves.


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The firm said going public would help it fund development of its extensive commercial and residential real estate holdings.
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The company did not say what it would do with the capital after going public.
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Old Mutual plc has made it official, going public with a bid to acquire Sweden's Skandia Group.
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