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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

under normal conditions.

contract
contract
noun verb

agreement intended to be legally enforceable. decrease.

invests

/inˈvest/

invests
verb

put money into something in hope of making profit.

special

/ˈspeSHəl/

special
adjective noun

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

management

/ˈmanijmənt/

management
noun

The process of running an organization.

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

If something will happen or not.

typically

/ˈtipik(ə)lē/

typically
adverb

In a normal or usual way.

business

/ˈbiznəs/

business
noun

person's regular occupation etc..

warrant

/ˈwôrənt/

warrant
noun verb

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

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 help someone succeed by giving them money.

account

/əˈkount/

account
noun verb

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

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