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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 become ill as a result of getting a disease.

invests

/inˈvest/

invests
verb

put money into something in hope of making profit.

special

/ˈspeSHəl/

special
adjective noun

Different, better or greater than normal. Heavily discounted sales item.

management

/ˈmanijmənt/

management
noun

The process of running an organization.

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

expressing doubt or choice between alternatives.

typically

/ˈtipik(ə)lē/

typically
adverb

in most cases.

business

/ˈbiznəs/

business
noun

Activity of working to make a profit.

warrant

/ˈwôrənt/

warrant
noun verb

Official authorization for some action or decision. To guarantee or legally swear something.

acquisition

/ˌakwəˈziSH(ə)n/

acquisition
noun

Process of acquiring; thing that is 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

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

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