When a company sells shares to the public for the first time,the sale is called a(n):
A)IPO or initial public offering.
B)FTI or first time issue.
C)SNI or seasoned new issue.
D)ISO or initial stock offering.

Question

Quizplus · Accepted Answer

The sale of shares to the public for the first time is called an IPO, or initial public offering. This is the most commonly used term in finance and investing. The other options (B, C, and D) are not commonly used or recognized terms in the industry.

When a Company Sells Shares to the Public for the First