IPO (Initial Public Offering) is 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 very large risks for the possibility of large gains. IPOs by investment companies (closed-end funds) usually contain underwriting fees which represent a cost to buyers.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). IPO (Initial Public Offering). Retrieved September 21, 2026, from http://smartdefine.org/ipo_(initial_public_offering)/definitions/1156579 |
| Chicago | Barry Goldsmith. 2010. "IPO (Initial Public Offering)" http://smartdefine.org/ipo_(initial_public_offering)/definitions/1156579 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, IPO (Initial Public Offering), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/ipo_(initial_public_offering)/definitions/1156579>. |
| MLA | Barry Goldsmith. "IPO (Initial Public Offering)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/ipo_(initial_public_offering)/definitions/1156579> |