Initial Offering (Noun)
Meaning
A corporation's first offer to sell stock to the public.
Classification
Nouns denoting acts or actions.
Examples
- The company's initial offering was a huge success, with all shares selling out on the first day of trading.
- Facebook's initial offering in 2012 was one of the largest in history, raising $16 billion for the social media giant.
- Investors eagerly awaited the tech startup's initial offering, hoping to get in on the ground floor of the next big thing.
- The corporation's initial offering was delayed due to regulatory issues, but it finally went public six months later.
- Alibaba's initial offering in 2014 was the largest in history, raising a record $25 billion for the Chinese e-commerce company.