INITIAL PUBLIC OFFERING - The process of bringing private companies to the public market for the first time.
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It refers to the company or a firm which has issued shares through initial public offering thereby having common public as shareholders or members of the company.
securities act of 1933 The federal securities act regulating the initial public offering (IPO) of securities. (15 U.S.C. Sec. 77) ...
 See also: Public, Offer
  
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