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What is a SPAC? Special Purpose Acquisition Companies Explained

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Intro:

Video Vocabulary

/ˈyo͞oZH(o͞o)əlē/

adverb

under normal conditions.

noun verb

Legal agreement, e.g. for doing work for money. To reduce in size, length due to heat loss.

/inˈvest/

verb

To use resources to build for the future.

/ˈspeSHəl/

adjective noun

Being additional or extra. thing.

/ˈmanijmənt/

noun

People who are in control of a business or group.

/əˈkwī(ə)r/

verb

buy or obtain asset or object for oneself.

/ˈpərpəs/

noun verb

reason why something is done etc.. have as intention or objective.

/ˈ(h)weT͟Hər/

conjunction

If something will happen or not.

/ˈtipik(ə)lē/

adverb

in most cases.

/ˈbiznəs/

noun

Activity of working to make a profit.

/ˈwôrənt/

noun verb

document issued by legal or government official authorizing police or another body to make arrest. To guarantee or legally swear something.

/ˌakwəˈziSH(ə)n/

noun

Process of acquiring; thing that is acquired.

/prəˈpôrSH(ə)n(ə)l/

adjective

corresponding in size or amount to something else.

/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.

/əˈkount/

noun verb

An invoice for things bought. consider or regard.

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