From Longman Business Dictionaryinitial public offeringˌinitial ˌpublic ˈoffering abbreviation IPOFINANCE an occasion when a company offers shares on a stockmarket for the first time, and the amount of shares involvedSYNINITIAL PUBLIC OFFERThe company has filed for an initial public offering of 2m shares at a target $10 to 12 per share. → offering
