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What is a SPAC? Special Purpose Acquisition Companies Explained

164,329 views

Intro:

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

Video Vocabulary

/ˈyo͞oZH(o͞o)əlē/

usually
adverb

Normally; regularly.

contract
noun verb

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

/inˈvest/

invests
verb

To use resources to build for the future.

/ˈspeSHəl/

special
adjective noun

better, greater, or otherwise different from what is usual. thing.

/ˈmanijmənt/

management
noun

People who are in control of a business or group.

/əˈkwī(ə)r/

acquire
verb

To get or earn something by thinking or working.

/ˈpərpəs/

purpose
noun verb

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

/ˈ(h)weT͟Hər/

whether
conjunction

If something will happen or not.

/ˈtipik(ə)lē/

typically
adverb

In a normal or usual way.

/ˈbiznəs/

business
noun

Matter that has to be dealt with; task; situation.

/ˈwôrənt/

warrant
noun verb

document issued by legal or government official authorizing police or another body to make arrest. justify or necessitate.

/ˌakwəˈziSH(ə)n/

acquisition
noun

Process of acquiring; thing that is acquired.

/prəˈpôrSH(ə)n(ə)l/

proportional
adjective

corresponding in size or amount to something else.

/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 that support the passage of a new law. To help someone succeed by giving them money.

/əˈkount/

account
noun verb

Arrangement whereby you can use online services. consider or regard.

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