In an IPO, or public offering, shares of a private company are made available to the public for the first time. An IPO allows a company to raise equity capital from public investors.| Investopedia
An asset class contains investments that exhibit similar characteristics and respond similarly to market conditions. Different asset classes help with diversification.| Investopedia
Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price.| Investopedia
A stock, also known as a share, is a tradable claim to fractional ownership of the corporation that issued it.| Investopedia