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Funding and ownership

IPO

Initial public offering: the first time a company's shares go on sale on a stock exchange. Also called going public, or listing.

A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.

You'll hear it as

There's a lock-up after the IPO, so staff can't sell for six months.

Also called Going public.

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