GOING PUBLIC Definition

GOING PUBLIC refers to those activities that relate to offering a private companys shares to the general investing public including registering with the SEC.

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ESCUDO is a currency of Chile, Mozambique, and Portugal.

IRREVOCABLE LETTER OF CREDIT is a letter of credit in which the specified payment is guaranteed by the issuing bank if all terms and conditions are met by the drawee. It is as good as the issuing bank.

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