The term IPO stands for "individual purchase order," as when an individual (as opposed to an institution)places an order to buy a stock.

Name: The term IPO stands for "individual purchase order," as when an individual (as opposed to an institution)places an order to buy a stock.
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The term IPO stands for "initial public offering," which is the first time a company's stock is offered to the public for purchase. It has nothing to do with individual purchase orders.

The Term IPO Stands for "Individual Purchase Order," as When