What is the term applied to a firm that offers shares to the general public for the first time?

Name: What is the term applied to a firm that offers shares to the general public for the first time?
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

The term applied to a firm that offers shares to the general public for the first time is known as an Initial Public Offering (IPO). It is a process where companies raise capital by offering their shares to the public for the first time. Option B, C, and D are not correct terms used for this process.

What Is the Term Applied to a Firm That Offers