Used in the context of general equities. offering to the investment public, after compliance with registration requirements of the SEC, usually by an investment banker or a syndicate made up of several investment bankers, at a price agreed upon between the issuer and the investment bankers. Antithesis of private placement. Bloomberg Financial Dictionary
See: primary distribution and secondary distribution. Bloomberg Financial Dictionary
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public offering UK US noun [C or U] STOCK MARKET, FINANCE
► an occasion when a company makes shares available, or the number of shares made available: »
The company will pay for part of the investment through a public offering of 15 million shares.
Financial and business terms. 2012.