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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

Agreement to pay someone to kill a person. decrease.

/inˈvest/

invests
verb

put money into something in hope of making profit.

/ˈspeSHəl/

special
adjective noun

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

/ˈmanijmənt/

management
noun

The process of running an organization.

/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

expressing doubt or choice between alternatives.

/ˈtipik(ə)lē/

typically
adverb

in most cases.

/ˈbiznəs/

business
noun

person's regular occupation etc..

/ˈwôrənt/

warrant
noun verb

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

/ˌakwəˈziSH(ə)n/

acquisition
noun

Process of acquiring; thing that is acquired.

/prəˈpôrSH(ə)n(ə)l/

proportional
adjective

Having a size appropriate to the size of another.

/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 pay for an event, usually as an advertisement.

/əˈkount/

account
noun verb

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

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