Reply to Spaniard89 19:19 Dec 2, 2009
Hi. "definicionlegal.com" is mistaken. An IPO is merely the first time that shares are offered to the public. A separate question is whether those shares are newly created (i.e. you subscribe for them, making it an OPS) or pre-existing (i.e. the company is being floated by the sale of shares held by existing shareholders, in which case it is an OPV). Or an IPO may be a combination of the two: new shares (OPS) and pre-existing shares (OPV). But there is no direct one-to-one mapping between IPO and either OPS or OPV (these two are merely possible mechanisms whereby an IPO can be performed). | 
The translation workplace 
peer agreement (net): +1
