Membel
German NOUN C1 Rank 12665

der Börsengang

IPO

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Meanings

01

der Börsengang

IPO

The first issuance of a company's shares on a stock exchange in order to raise capital. This process is also referred to as an IPO (Initial Public Offering).

example

Der Börsengang des jungen Technologieunternehmens war ein großer Erfolg.

The young technology company's IPO was a great success.

Visual example for Börsengang: der Börsengang

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Börsengang vs Kapitalerhöhung

capital increase

'Börsengang' and 'Kapitalerhöhung' both have to do with companies, shares, and new money. A 'Börsengang' is the step in which a company offers shares on the stock exchange for the first time. A 'Kapitalerhöhung' means that a corporation increases its equity capital, for example by issuing new shares. This can happen after an IPO, but it does not have to be the first step onto the stock exchange. The words can be confused because in both cases shares may be issued. The most important difference is: 'Börsengang' emphasizes the first entry onto the stock exchange, while 'Kapitalerhöhung' emphasizes the increase in capital.

Visual example for Kapitalerhöhung
Börsengang

Der Börsengang des jungen Unternehmens wurde in den Nachrichten viel besprochen.

The young company's IPO was widely discussed in the news.

Kapitalerhöhung

Die Firma plant eine Kapitalerhöhung, weil sie neue Maschinen kaufen will.

The company is planning a capital increase because it wants to buy new machines.

Open full lesson: Kapitalerhöhung →

In real life

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