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initial public offering
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   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.35 sec.

initial public offering

Primary issue of a private company's ordinary shares to the public. This happens when a company wishes to list on a stock exchange or to raise capital. The issue of shares is generally managed by a financial institution, such as a merchant bank, which acts as an underwriter, organizing and promoting the issue and agreeing to purchase any unplaced shares.


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The web site and newsletter are the initial offering of the "EE Times Europe" integrated media product announced in April that will be complete when the print and digital editions launch in September.
Expected to trade in the $21 to $22 range, the stock's initial offering traded at $23 and rallied to $30 at the close of its first day of trade June 14.
With the disappointing results of the initial offering for 1-800-FLOWERS' online unit and the corresponding drought of Internet IPOs in August and early September, some investors are looking to this week's crop as indicators of the future for other Internet IPOs.
 
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