Definition of "initial public offering" []

• The first offering to members of the public of stock in a company, normally followed by a listing of that stock on a stock exchange. (noun)

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• "*** Business & Finance Prada raised US$2.14 billion in its initial public offering in Hong Kong, by pricing its shares at the bottom of its guidance, in a reflection of deteriorating stock-market conditions and concerns about the Italian luxury retailer's valuation and a potential tax charge."
• "This week, investors will be asked to take a chance on Shanghai-based Taomee Holdings Ltd., a children's entertainment and media company that is trying to raise $79 million through an initial public offering on the New York Stock Exchange under the symbol TAOM."
• "BEIJING—Battery and car maker BYD Co. said Sunday it has set the price of its Shenzhen initial public offering at 18 yuan a share, in a sale that aims to raise as much as 1.42 billion yuan $219 million."