The first public equity issue offered by a company is commonly referred to as a(n):________

Social Studies

1 answer:

USPshnik [31]1 year ago

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The first public equity issue offered by a company is commonly referred to as an initial public offering.

<h3>What is an initial public offering?</h3>

An initial public offering is when a private firm offers its first equity to the general public (IPO). A company's ownership is essentially changing from private ownership to public ownership through an IPO. Because of this, the Initial Public Offering procedure is occasionally referred to as "<em>going public.</em>" You can get in on the "ground floor" of a business with significant growth potential by investing in an IPO. Your opportunity for quick profit in a short amount of time may be an IPO. Long-term wealth growth could be facilitated by it as well.

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