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What is a SPAC? Special Purpose Acquisition Companies Explained

164,329 views

TD Ameritrade

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

99%
  • 7:04 / 7:07

Speech Rate:

  • 167 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

usually

/ˈyo͞oZH(o͞o)əlē/

usually
adverb

Normally; regularly.

contract
contract
noun verb

Legal agreement, e.g. for doing work for money. To make an agreement for doing work for money.

invests

/inˈvest/

invests
verb

put money into something in hope of making profit.

special

/ˈspeSHəl/

special
adjective noun

Being additional or extra. Heavily discounted sales item.

management

/ˈmanijmənt/

management
noun

People who are in control of a business or group.

acquire

/əˈkwī(ə)r/

acquire
verb

To get or earn something by thinking or working.

purpose

/ˈpərpəs/

purpose
noun verb

Reason for which something is done; aim; goal. have as intention or objective.

whether

/ˈ(h)weT͟Hər/

whether
conjunction

expressing doubt or choice between alternatives.

typically

/ˈtipik(ə)lē/

typically
adverb

in most cases.

business

/ˈbiznəs/

business
noun

person's regular occupation etc..

warrant

/ˈwôrənt/

warrant
noun verb

Official authorization for some action or decision. justify or necessitate.

acquisition

/ˌakwəˈziSH(ə)n/

acquisition
noun

Process of acquiring; thing that is acquired.

proportional

/prəˈpôrSH(ə)n(ə)l/

proportional
adjective

Having a size appropriate to the size of another.

sponsors

/ˈspänsər/

sponsors
noun other verb

person or organization that pays for or contributes to costs involved in staging sporting or artistic event in return for advertising. People giving money for someone's education. To support the passage of a new law.

account

/əˈkount/

account
noun verb

Arrangement with a bank to keep your money for you. consider or regard.

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