PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

A business which has just started. Usually businesses begin as sole traders or partnerships and then progress from that to becoming private companies and finally public companies. Then, if they are large enough they can choose to list on the JSE, initially on the Alt-X and then later on the main board. Occasionally a start-up might list immediately on the JSE. A typical example would be a special purpose acquisition company (SPAC) which aims to buy other operating companies within two years of its listing.

Edit Glossary Term