Over 700 finance terms, Shmooped to perfection.
The sale of securities to the public. This offering can come in a few forms. There is an initial one - when a company has never sold that security to the public before, famously called an IPO. And there are also secondary offerings - a company's stock is already traded but it is either raising money for itself or a group of insiders want to sell as one block trade their shares to the public, seeking liquidity. "