Examlex
Add. Do not use a number line except as a check.
--2.2 + (-6.9) + (-5.7) + 11
Initial Public Offering
An Initial Public Offering (IPO) is the first sale of a company's shares to the public, marking a transition from a private to a publicly traded company.
Underwriter
A person or company that evaluates and takes on financial risk, often seen in the context of issuing insurance policies or in the evaluation and sale of securities in an initial public offering (IPO).
Shares
Ownership units in a corporation or financial asset, shares ensure an equitable share in profits through dividends, when they are announced.
Flotation Costs
Expenses incurred by a company in issuing new securities, including fees to underwriters, legal fees, and registration fees.
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