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Initial public offering

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Initial public offering (IPO)
A company's first sale of stock to the public. Securities offered in an IPO are often, but not always, those of young, small companies seeking outside equity capital and a public market for their stock. Investors purchasing stock in IPOs generally must be prepared to accept considerable risks for the possibility of large gains. IPOs by investment companies (closed-end funds) usually include underwriting fees that represent a load to buyers.

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com was to go public, the company cut its initial public offering to 3 million shares from 6.
8 million of the proceeds of Cold Spring's initial public offering were placed into a trust account maintained by an independent trustee.
U) announced today that it has completed its initial public offering of 15,600,000 units.
 
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