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Financial encyclopediaReviewed 2026-10-23

Initial Public Offering (IPO)

An initial public offering, or IPO, generally refers to when a company first sells its shares to the public. For more information about IPOs generally, see our Investor Bulletin . You can also find fast answers on why investors have difficulty getting shares in an IPO , a brokerage firm's IPO eligibility requirements , and lockup agreements .

Sources and references ↗
PROFILE / FACT FILE

Concept at a glance

Term
Initial Public Offering (IPO) [1]
Subject area
Investor.gov glossary [1]
Jurisdiction / scope
US regulatory and investor-education context [1]
Primary reference
SEC · Investor.gov [1]

Definition and explanation

An initial public offering, or IPO, generally refers to when a company first sells its shares to the public. For more information about IPOs generally, see our Investor Bulletin . You can also find fast answers on why investors have difficulty getting shares in an IPO , a brokerage firm's IPO eligibility requirements , and lockup agreements . [1]

Frequently asked questions

What does Initial Public Offering (IPO) mean in the cited reference?

An initial public offering, or IPO, generally refers to when a company first sells its shares to the public. For more information about IPOs generally, see our Investor Bulletin . You can also find fast answers on why investors have difficulty getting shares in an IPO , a brokerage firm's IPO eligibility requirements , and lockup agreements . [1]

Sources and review dates

  1. US SEC · Investor.gov — Initial Public Offering (IPO) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.