Meaning of the word "initial public offering" in English

What does "initial public offering" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

initial public offering

US /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/
UK /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/
"initial public offering" picture

Noun

1.

the first sale of stock by a private company to the public

Example:
The tech startup announced its initial public offering next month.
Investors are eagerly awaiting the company's initial public offering.
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