A new property that has just been made available on the market, or a stock that has recently gone public and is now listed for purchase. In the instance dealing with stocks, they are usually purchased through an initial public offering.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser