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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:

Video Vocabulary

usually

/ˈyo͞oZH(o͞o)əlē/

adverb

Normally; regularly.

contract
noun verb

Legal agreement, e.g. for doing work for money. decrease.

invests

/inˈvest/

verb

put money into something in hope of making profit.

special

/ˈspeSHəl/

adjective noun

Different, better or greater than normal. thing.

management

/ˈmanijmənt/

noun

People who are in control of a business or group.

acquire

/əˈkwī(ə)r/

verb

To get or earn something by thinking or working.

purpose

/ˈpərpəs/

noun verb

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

whether

/ˈ(h)weT͟Hər/

conjunction

If something will happen or not.

typically

/ˈtipik(ə)lē/

adverb

in most cases.

business

/ˈbiznəs/

noun

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

warrant

/ˈwôrənt/

noun verb

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

acquisition

/ˌakwəˈziSH(ə)n/

noun

object acquired.

proportional

/prəˈpôrSH(ə)n(ə)l/

adjective

Having a size appropriate to the size of another.

sponsors

/ˈspänsər/

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/

noun verb

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

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