An _______ is when a private company offers stock to the public for the first time.
Initial Public Offering
An _______ is when a private company offers stock to the public for the first time.
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The correct answer is “Initial Public Offering.”
An Initial Public Offering (IPO) occurs when a private company sells its shares to the public for the first time, becoming a publicly traded company. This process allows the company to raise capital from public investors, which can be used for various purposes such as expansion, paying debts, or improving operations.