Initial public offering market
Initial public offering market (alternatively known as IPO market) is the market, which sellers are closely held corporations and/or their principal stockholders that have decided to go public or, in other words, to start selling stock to the public at large and which buyers are those representatives of the general public who are interested in buying those stocks.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Initial public offering market (IPO market). Going public is the act of selling stock to the public at large by a closely held corporation or its principal stockholders, and this market is often termed the initial public offering market.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Initial public offering market (IPO Market). The market for stocks of companies that are in the process of going public.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
