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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

agreement intended to be legally enforceable. decrease.

invests

/inˈvest/

invests
verb

To use resources to build for the future.

special

/ˈspeSHəl/

special
adjective noun

Being additional or extra. thing.

management

/ˈmanijmənt/

management
noun

People who are in control of a business or group.

acquire

/əˈkwī(ə)r/

acquire
verb

buy or obtain asset or object for oneself.

purpose

/ˈpərpəs/

purpose
noun verb

reason why something is done etc.. have as intention or objective.

whether

/ˈ(h)weT͟Hər/

whether
conjunction

If something will happen or not.

typically

/ˈtipik(ə)lē/

typically
adverb

in most cases.

business

/ˈbiznəs/

business
noun

A company formed for making profit.

warrant

/ˈwôrənt/

warrant
noun verb

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

acquisition

/ˌakwəˈziSH(ə)n/

acquisition
noun

object acquired.

proportional

/prəˈpôrSH(ə)n(ə)l/

proportional
adjective

corresponding in size or amount to something else.

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 pay for an event, usually as an advertisement.

account

/əˈkount/

account
noun verb

A description, often written, of events; report. consider or regard.

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