An initial public offering occurs when a stock is first sold to the general public.

Name: An initial public offering occurs when a stock is first sold to the general public.
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An initial public offering (IPO) refers to the first time that a company's stock is offered to the public for investment. This is typically done during the early stages of a company's growth, when they require additional funding to support their expansion plans.

An Initial Public Offering Occurs When a Stock Is First